Solvent is a liquid that dissolves a solute. Solvents are organic chemicals and form an important part of the Indian petrochemical industry. The prices of derivatives like chemicals and solvents are vulnerable to crude price volatility. Following the world crude price index, Oil marketing companies revise the solvents prices on a fortnightly basis.
Solvents like MTO, SBP, Benzene and Sulfur prices remained unchanged. Hexane prices increased. Toluene prices are slashed. In Mumbai, MTO ( Mineral Turpentine Oil ) is sold at Rs.85950 per Kl, Hexane is priced at Rs.93650/- per KL, SBP is available at Rs.91500/- per Kl while Benzene is quoted at Rs.76810/- per Mt . Toluene price is fixed at Rs.80000/- per Mt while Sulphur is priced at Rs.11240/- per Mt.
