:: Solvents --- ID :: 17690
Solvents prices changed mix as on 1/9/2020
MTO , Hexane , SBP retail prices unchanged. Toluene and Sulfur prices down while Benzene prices are increased.

By Srinivas Chowdary Sunkara // petrobazaar // 1st Sep 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 a fortnightly basis.

The white oils / solvents and special products like  Mineral Turpentine Oil (MTO), Hexane, SBP prices remained unchanged. Benzene prices are increased while Toluene and Sulfur prices are decreased by the oil marketing companies in India wef 01/09/2020 for the first half of Sep 2020.

In Mumbai,  MTO(Mineral Turpentine Oil ) is sold at Rs.59000 per Kl, Hexane is priced at Rs.55000/- per KL, SBP is available at Rs.57000/- per Kl while Benzene is quoted at Rs.34540/- per Mt , Toluene prices lowed at Rs.36000/- per Mt while Sulphur is sold at Rs.6200/- 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