:: Industrial Fuels --- ID :: 17200
Bitumen prices and Emulsion prices are decreased as on 16/03/2020
Bitumen VG30 Bulk, Bitumen VG30 packed, CRMB , Bitumen VG10 Bulk , Bitumen VG10 packed and emulsion product prices are down.

By Srinivas Chowdary Sunkara // petrobazaar // 16th March 2020.

In India, National Oil marketing companies decreased the Bitumen bulk price, Bitumen packed price, CRMB and  Bitumen emulsion prices for the second half of March 2020 wef 16/03/2020. All the VG graded Bituminous product prices are down by 4% from the previous revision. 

As per the latest publication of oil marketing companies, In Visakha, Bitumen VG 10 Bulk price, Bitumen VG30 Bulk price, Bitumen VG 10 Packed price, Bitumen VG 30 packed prices are reduced  by Rs.1190 or 3.85% while Bitumen VG40 Bulk prices have gone down by Rs.1300 per Mt. CRMB 55 Bulk price is down by Rs.590 per Mt whereas CRMB 60 Bulk prices are inched down by around Rs.610 with around 1.79% down respectively. Bitumen Emulsion Bulk (Rapid) price, Bitumen Emulsion (slow) SS2 price, Bitumen Emulsion packed (Rapid) price and Bitumen Emulsion packed (slow) SS2 prices are moderately down by 1.91%  from previous revision at Chennai depo

In Chennai, Bitumen Emulsion Bulk (Rapid) price is Rs.25510/- per Mt, Bitumen Emulsion (slow) SS2 price is Rs.26310/- per Mt, Bitumen Emulsion packed (Rapid) price is Rs.30400/- per Mt while Bitumen Emulsion packed (slow) SS2 product prices are sold at Rs.31210/- 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