Solvents prices changed mix in India as on 1672023

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SOLVENTS PRICES ON 16/07/2023 IN INDIA BY SRINIVAS CHOWDARY SUNKARA


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MTO HEXANE SBP BENZENE 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 BENZENE TOULENE SULPHUR PRICES IN MUMBAI

The white oils / solvents and special products like Hexane and Toluene prices increased while MTO, SBP, Benzene and Sulphur prices kept unchanged by the oil marketing companies in India wef 16/7/2023 for the second half of July, 2023.

16/7/2023 PRICE IN MUMBAI PRICE IN MUMBAI
PRODUCT 1/7/23 16/7/23 CH+/-
MTO 74650 74650 0
HEXANE 82900 84900 2000
SBP 84000 84000 0
BENZENE 65500 65500 0
TOLUENE 78000 84000 6000
SULFUR 9990 9990 0

In Mumbai,  MTO ( Mineral Turpentine Oil ) is sold at Rs.74650 per Kl, Hexane is priced at Rs.84900/- per KL, SBP is available at Rs.84000/- per Kl while Benzene is quoted at Rs.65500/- per Mt . Toluene is sold at  Rs.84000/- per Mt while Sulphur is priced at Rs.9990/- 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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