:: Solvents --- ID :: 18086
Solvents prices are up in India as on 1/1/2021
Solvents prices are up in India as on 1/1/2021

By Srinivas Chowdary Sunkara // petrobazaar // 1st Jan 2021.


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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 a fortnightly basis.


The white oils / solvents and special products like  MTO , Hexane, SBP Benzene ,Toluene and Sulfur prices are increased by the oil marketing companies in India wef 1/1/2021 for the first half of Jan 2021.


In Mumbai,  MTO(Mineral Turpentine Oil ) is sold at Rs.62000 per Kl, Hexane is priced at Rs.59250/- per KL, SBP is available at Rs.61250/- per Kl while Benzene is quoted at Rs.49610/- per Mt . Toluene is sold at  Rs.48000/- per Mt while Sulphur is priced  at Rs.9400/- per Mt.


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