Mineral Turpentine Oil (MTO) price on 01st August, 2024.
Between July 16, 2024, and August 1, 2024, the prices of various products in Mumbai showed diverse trends. MTO(Mineral Turpentine Oil) price in Mumbai increased Rs.2500/- per KL from Rs. 82,350 to Rs. 84,850 per KL . HEXANE prices remained stable at Rs. 99,150, suggesting a balanced market condition with no significant fluctuations in supply or demand. SBP saw a notable price increase from Rs. 94,050 to Rs. 96,550 per KL. Conversely, BENZENE and TOLUENE prices decreased from Rs. 90,900 to Rs. 88,400 with Rs.2500 per Mt and Rs. 86,550 to Rs. 83,000 with Rs.3550 per Mt respectively, which could be attributed to a reduction in demand or an increase in supply. Lastly, SULFUR experienced a significant price surge from Rs. 11,870 to Rs. 13,760, potentially due to a sharp increase in demand or supply constraints. These variations highlight the dynamic nature of the market and the differing factors influencing the pricing of each product.
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