Solvents prices changed in India as on 182021

Check out for Prices!

By Srinivas Chowdary Sunkara // petrobazaar // 1st August 2021.


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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.


The white oils / solvents and special products like  MTO , Hexane,  Toluene, SBP and Benzene prices are up while Sulfur prices are revised down by the oil marketing companies in India wef 1/8/2021 for the first half of August, 2021.


MTO HEXANE TOLUENE SBP BENZENE SULFUR PRICES IN MUMBAI


1/8/2021 PRICE IN MUMBAI PRICE IN MUMBAI
PRODUCT 16/7/21 1/8/21 CH+/-
MTO 71500 72800 1300
HEXANE 71050 74750 3700
SBP 72600 75300 2700
BENZENE 76360 85880 9520
TOLUENE 62000 67000 5000
SULFUR 15950 15650 -300

In Mumbai,  MTO(Mineral Turpentine Oil ) is sold at Rs.72800 per Kl, Hexane is priced at Rs.74750/- per KL, SBP is available at Rs.75300/- per Kl while Benzene is quoted at Rs.85880/- per Mt . Toluene is sold at  Rs.67000/- per Mt while Sulphur is priced at Rs.15650/- 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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