Solvents prices kept unchanged in India as on 16102022

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By Srinivas Chowdary Sunkara // petrobazaar // 16th October, 2022.


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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 Hexane prices remained unchanged while Toluene prices increased by the oil marketing companies in India wef 16/10/2022 for the second half of October, 2022.


16/10/2022 PRICE IN MUMBAI PRICE IN MUMBAI
PRODUCT 1/10/22 16/10/22 CH+/-
MTO 105000 105000 0
HEXANE 84300 84300 0
SBP 86500 86500 0
BENZENE 74500 74500 0
TOLUENE 91000 100000 9000
SULFUR 11370 11370 0


In Mumbai,  MTO ( Mineral Turpentine Oil ) is sold at Rs.105000 per Kl, Hexane is priced at Rs.84300/- per KL, SBP is available at Rs.86500/- per Kl while Benzene is quoted at Rs.74500/- per Mt . Toluene is sold at  Rs.100000/- per Mt while Sulphur is priced at Rs.11370/- 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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