:: Industrial Fuels --- ID :: 16957
Bitumen prices and Emulsion prices are decreased as on 01/01/2020
VG10 Bulk , VG30 Bulk , VG40Bulk , VG10 Packed , VG30 Packed , CRMB 55 Bulk , CRMB 60 Bulk , Emulsion Bulk , Emulsion Packed prices are revised up as on 1/1/2020.

By Srinivas Chowdary Sunkara // petrobazaar // 1st January, 2020.


In India, National Oil marketing companies decreased the Bitumen bulk price, Bitumen packed price, CRMB and  Bitumen emulsion prices for the first fortnight of January 2020 wef 01/01/2020. All the VG graded Bituminous product prices are revised down by around 2% from the previous revision. 


As per the latest publication of oil marketing companies, In Visakha, Bitumen VG 10 Bulk price , Bitumen VG30 Bulk price , Bitumen VG 10 Packed price , Bitumen VG 30 packed prices are decreased by Rs.720 or 2.38%  while Bitumen VG40 Bulk price are ticked down by Rs.830 per Mt. CRMB 55 Bulk price is down by Rs.620 per Mt where as CRMB 60 Bulk prices are ticked down by around Rs.640/- with around 2% down respectively. Bitumen Emulsion Bulk (Rapid) price , Bitumen Emulsion (slow) SS2 price , Bitumen Emulsion packed (Rapid) price and Bitumen Emulsion packed (slow) SS2 prices are moderately decreased between 1.5-1.8 pc compared to previous revision from Chennai depo

In Visakha, Bitumen VG-10 (Bulk) price is Rs.29220/- per Mt , Bitumen VG-30 (Bulk) price is Rs.29520/- per Mt , Bitumen VG-10(packed) is sold at Rs.34820/- per Mt while  Bitumen VG-30(packed) price is Rs.35620/- per Mt. Bitumen VG-40 bulk is priced at Rs.30430/- per Mt. CRMB 55 Bulk price is Rs.32600/- per Mt while CRMB 60 Bulk is priced at Rs.32580/- per Mt. 

In Chennai, Bitumen Emulsion Bulk (Rapid) price is Rs.24970/- per Mt , Bitumen Emulsion (slow) SS2 price is Rs.25960/- per Mt, Bitumen Emulsion packed (Rapid) price is Rs.29850/- per Mt while Bitumen Emulsion packed (slow) SS2 product prices are sold at Rs.30830/- 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