By Srinivas Chowdary Sunkara // petrobazaar // 1st June 2020.
In India, National Oil marketing companies increased the Bitumen bulk price, Bitumen packed price, CRMB and Bitumen emulsion prices for the first half of June 2020 wef 01/06/2020. All the VG graded Bituminous product prices rose around 1% 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 increased by Rs.230 or 0.97% while Bitumen VG 40 Bulk prices have gone up by Rs.230 per Mt. CRMB 55 Bulk price is up by Rs.210 per Mt whereas CRMB 60 Bulk prices are inched up by Rs.210 with 0.77% up 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 up by above 10% from previous revision at Chennai depo
In Visakha, Bitumen VG-10 (Bulk) price is Rs.24260/- per Mt, Bitumen VG-30 (Bulk) price is Rs.24560/- per Mt, Bitumen VG-10(packed) is sold at Rs.30360/- per Mt while Bitumen VG-30(packed) price is Rs.31160/- per Mt. Bitumen VG-40 bulk is priced at Rs.24650/- per Mt. CRMB 55 Bulk price is Rs.27560/- per Mt while CRMB 60 Bulk is priced at Rs.27430/- per Mt.
In Chennai, Bitumen Emulsion Bulk (Rapid) price is Rs.20990/- per Mt, Bitumen Emulsion (slow) SS2 price is Rs.21320/- per Mt, Bitumen Emulsion packed (Rapid) price is Rs.25880/- per Mt while Bitumen Emulsion packed (slow) SS2
product prices are sold at Rs.26190/- 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