Bitumen Price ₹44-54K/MT VG 30 40

Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG30 Drum

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EX - Kandla

₹38,600/MT
0 %20 hours ago

Bitumen VG30 Bulk

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EX - Pithampur

₹47,000/MT
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Bitumen VG30 Bulk

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EX - Mangalore

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Bitumen VG30 Drum

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EX - Mundra

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Bitumen VG30 Bulk

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EX - Mathura

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Bitumen VG30 Bulk

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EX - Karwar

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

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Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹38,600/MT0 %20 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %20 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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India's macroeconomic outlook resilient despite West Asia conflict: Report

Government Prioritises Domestic LPG Supply; Refiners Told Not to Divert Propane/Butane to Petrochemicals

West Asia war oil shock drives up currency hedging cost for Indian importers

HSFO Prices Jump 40% as War Chokes Key Singapore Bunkering Hub

No significant upside to $63/bbl Brent price estimates for 2026: Fitch

China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say

War in West Asia hands India an unexpected breather

Middle East escalation rattles energy markets

India says it has enough oil in the tank despite Hormuz tensions

Oil prices retreat on hopes of US intervention to stabilize market

Middle East conflict poses near-term challenges to Indian economy: RBI MPC member

India scrambles for crude as Gulf war hits supplies

Oil Soars in Strongest Weekly Rally Since 2022

Shell Projects India's Gas Demand To Rise 50% Next Decade

The Commodities Feed: The US scrambles to rein in oil prices

Oil Set for 16% Weekly Gain on Middle East Disruption

How sanctions can help stabilise global oil supply

Iran war oil spikes aren't an energy crisis — at least not yet

Heightened risk in Strait of Hormuz threatens pet coke supply to India

Beyond oil: How US-Iran war and Middle East crisis may hit India's economy - sector-wise impact explained

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Minister inaugurates 33 kV power line in Lanj .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}1.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}4.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

Moscow sees significant rise in demand for Russian oil, gas amid Iran war .css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}9.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}10.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

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Petroleum Products Market

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₹38,600/MT
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Minister inaugurates 33 kV power line in Lanj
1
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Moscow sees significant rise in demand for Russian oil, gas amid Iran war
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