:: Articles --- ID :: 17048
MTO , Hexane , Sulfur prices unchanged, Toluene , Benzene prices up while SBP prices down as on 1/2/20.
Solvents prices changed mixed as on 1/2/2020

By Srinivas Chowdary Sunkara // petrobazaar // 1st February 2020.

A Solvent is a liquid that dissolves a solute. Solvents are organic chemicals and form an important part of the Indian petrochemical industry. The Industry is dominated by PSUs and private companies. The prices of derivatives like chemicals and solvents are vulnerable to crude price volatility. For example Benzene is produced from naphtha, which is made from crude oil. Phenol and acetone are produced from benzene and propylene. Following the world crude crude price index, Oil marketing companies revise the solvents prices on fortnightly basis.

The whilte oils / solvents and special products like  Mineral Turpentine Oil (MTO), Hexane and Sulphur prices are unchanged and Toluene , Benzene prices are increased while SBP prices are down today by the oil marketing companies in India wef 1/02/2020 for the first half of Feb 2020.

In Mumbai,  MTO(Mineral Turpentine Oil ) prices are unchanged at Rs.64000 per Kl, Hexane prices are untouched at Rs.59100/- per KL, SBP prices are down at 61150/- per Kl while Benzene prices are increased to Rs.54490/- per Mt and Toluene prices are increased by Rs.500 per Mt to Rs.58000/- per Mt. Sulphur prices are unchanged at Rs.6500/- 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