Solvents prices changed in India as on 122023

Check out for Prices!

By Srinivas Chowdary Sunkara // petrobazaar // 1st February, 2023.

MTO HEXANE SBP TOULENE SULPHUR PRICES IN INDIA

A Solvent is a liquid that dissolves a solute. Solvents are organic chemicals and form an important part of the Indian petrochemical industry. The Industry is dominated by PSUs and private companies. The prices of derivatives like chemicals and solvents are vulnerable to crude price volatility. For example Benzene is produced from naphtha, which is made from crude oil. Phenol and acetone are produced from benzene and propylene. Following the world crude crude price index, Oil marketing companies revise the solvents prices on a fortnightly basis.

MTO HEXANE SBP TOULENE SULPHUR PRICES IN MUMBAI

The white oils / solvents and special products like MTO, SBP, Benzene, Toluene and Hexane prices increased while Sulphur prices decreased by the oil marketing companies in India wef 1/2/2023 for the first half of February, 2023.

1/2/2023 PRICE IN MUMBAI PRICE IN MUMBAI
PRODUCT 16/1/23 1/2/23 CH+/-
MTO 100500 103500 3000
HEXANE 84800 89800 5000
SBP 86100 89200 3100
BENZENE 68310 76810 8500
TOLUENE 76000 81000 5000
SULFUR 19420 16060 -3360

In Mumbai,  MTO ( Mineral Turpentine Oil ) is sold at Rs.103500 per Kl, Hexane is priced at Rs.89800/- per KL, SBP is available at Rs.89200/- per Kl while Benzene is quoted at Rs.76810/- per Mt . Toluene is sold at  Rs.81000/- per Mt while Sulphur is priced at Rs.16060/- per Mt.

Disclaimer: Views and opinions expressed here are personal. This commentary is  for  information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

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