Furnace oil (F.O), Light Diesel oil (LDO), SKO, LSHS prices reduced while PETCOKE prices are unchanged as on 16112021

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By Srinivas Chowdary Sunkara // petrobazaar // 16th Nov, 2021.

FO LDO SKO LSHS PETCOKE PRICE IN INDIA

Furnace Oil (F.O), Light Diesel Oil (LDO), Superior Kerosene Oil (SKO) – Industrial , Low Sulphur Heavy Stock(LSHS) and Petcoke are the Industrial fuels largely used as a fuel to generate electricity and heat in different sectors. Being market-linked, Furnace Oil (FO), Light Diesel Oil (LDO) Superior Kerosene Oil (SKO), Low Sulphur Heavy Stock(LSHS) prices reduced while Petcoke prices kept untouched by Oil marketing companies (OMCs) on a fortnightly basis in India.

FO LSHS SKO LDO PRICES REVISED DOWN WHILE PETCOKE PRICES UNCHANGED IN INDIA 

16/11/2021 PRICE IN VSP PRICE IN VSP
LOCATION 1/11/21 16/11/21 CH+/-
FO 46839.82 45919.82 -920
LDO 57020 55820 -1200

FO LDO SKO LSHS PRICES REDUCED WHILE PETCOKE PRICES UNCHANGED IN VISAKAPATNAM

As We predicted, In India, Industrial fuel oil prices are increased on 16/11/2021 , for the second half of Nov across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised down by Rs.920 to Rs.45919 or 1.96% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.1200 or 2.10% to Rs.55820/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are down by Rs.2540 per KL to Rs.78320 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai dropped by Rs.970 to Rs.50390/- per MT while Petcoke prices kept untouched at Rs.19850 wef 16/11/2021.

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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