:: Articles --- ID :: 16710
Solvents prices unchanged as on 16/10/2019
MTO , Hexane , SBP , Benzene , Toluene and Sulphur prices unchanged as on 16/10/2019

By Srinivas Chowdary Sunkara // petrobazaar // 16th Oct, 2019

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 fortnightly basis.


The white oils / solvents and special products like  Mineral Turpentine Oil (MTO), Hexane , SBP , Toluene , Benzene and Sulphur  prices remained unchanged today by the oil marketing companies in India wef 16/10/2019 for the second half of October, 2019.


In Mumbai,  MTO(Mineral Turpentine Oil ) is priced at Rs.64000 per Kl, Hexane is sold at Rs.54300/- per KL, SBP is offered at Rs.66800/- per KL while Benzene and Toluene prices remained at Rs.54000/- and Rs.56500/- per Mt respectively. Sulphur is available at Rs.7200/- per Mt. in Mumbai.


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