Furnace oil (F.O), Light Diesel oil (LDO), SKO, LSHS prices reduced while PETCOKE prices kept untouched as on 16122021

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By Srinivas Chowdary Sunkara // petrobazaar // 16th Dec, 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 revised down 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 KEPT UNTOUCHED IN INDIA 

16/12/2021 PRICE IN VSP PRICE IN VSP
LOCATION 1/12/21 16/12/21 CH+/-
FO 43999.82 41439.82 -2560
LDO 53640 50840 -2800
SKO 75970 73207 -2763
PETCOKE 17930 17930 0

FO LDO SKO LSHS PRICES REDUCED WHILE PETCOKE PRICES KEPT UNTOUCHED IN VISAKAPATNAM

As We predicted, In India, Industrial fuel oil prices decreased on 16/12/2021 , for the second half of Dec across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised down by Rs.2560 to Rs.41439.82 or 5.81% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.2800 or 5.22% to Rs.50840/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are down by Rs.2763 per KL to Rs.73207 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai dropped by Rs.2830 to Rs.45560/- per MT while Petcoke prices kept untouched by Rs.17930 wef 16/12/2021.

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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