Bitumen price in India. 01-10-2024.

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Bitumen price in India changed as of 01st October 2024.

On October 01, 2024, bitumen prices went down across all VG grades in India. BPCL, IOCL, HPCL, and MRPL announced the changes. At the Chennai depot, IOCL published new prices for bulk and packed bitumen.

For bulk bitumen, the price of VG 10 dropped by Rs. 460 per metric ton (MT), bringing it down from Rs. 37,972 to Rs. 37,512 per MT. VG 30 price fell by Rs. 460, from Rs.38,772 to Rs. 38,312 per MT. VG 40 price had a bigger decrease of Rs. 530, lowering it from Rs. 40,622 to Rs. 40,092 per MT.

For packed bitumen, VG 10 price dropped from Rs. 48,772 to Rs. 48,312 per MT, and VG 30 fell by Rs. 460, from Rs. 49,572 to Rs. 49,112 per MT.

These reductions show a broader trend of declining prices in the bitumen market.

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