Solvents prices unchanged in India as on 1632023

Check out for Prices!

By Srinivas Chowdary Sunkara // petrobazaar // 16th March, 2023.

MTO HEXANE SBP TOULENE SULPHUR PRICES IN INDIA

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.

MTO HEXANE SBP TOULENE SULPHUR PRICES IN MUMBAI

The white oils / solvents and special products like MTO, SBP, Benzene, Sulphur and Toluene prices remained unchanged while Hexane prices decreased by the oil marketing companies in India wef 16/3/2023 for the second half of March, 2023.

16/3/2023 PRICE IN MUMBAI PRICE IN MUMBAI
PRODUCT 1/3/23 16/3/23 CH+/-
MTO 101000 101000 0
HEXANE 91500 90400 -1100
SBP 95050 95050 0
BENZENE 81810 81810 0
TOLUENE 83000 83000 0
SULFUR 16160 16160 0

In Mumbai,  MTO ( Mineral Turpentine Oil ) is sold at Rs.101000 per Kl, Hexane is priced at Rs.90400/- per KL, SBP is available at Rs.95050/- per Kl while Benzene is quoted at Rs.81810/- per Mt . Toluene is sold at  Rs.83000/- per Mt while Sulphur is priced at Rs.16160/- 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

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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