In India, National Oil marketing companies increased the prices of Bitumen bulk, Bitumen packed and Bitumen emulsion products for the second fortnight of August, 2019 wef 16/8/2019. All the VG graded Bituminous product prices are revised up by above 6.5% for the second time in a row from previous revision.
As per the latest publication of oil marketing companies, In Visakha, The basic prices of Bitumen VG-10 (Bulk), Bitumen VG-30 (Bulk), Bitumen VG-10(packed) and Bitumen VG-30(packed) product prices were up by Rs.2180 per Mt each to Rs.33030/-, Rs.33330/-, Rs.36630/- and Rs.37430/- per Mt respectively. Bitumen VG-40 Bulk product prices went up by Rs.2550/- per mt to Rs.34820/- per Mt. Bitumen Emulsion prices are increased from Chennai depo.