Bitumen price IOCL Panipat Chennai Mathura Koyalo Haldia

Bitumen price trends at Panipat and Chennai refineries

When evaluating bitumen pricing in India, it becomes essential to consider the production and distribution dynamics of major refineries. For example, refineries like Panipat, Mathura, Koyali, Haldia, and Chennai, all operated by IOCL, play a crucial role in supplying high-quality bitumen to the market. Moreover, these refineries not only produce various bitumen grades, such as VG-10, VG-30, and VG-40, but they also cater to bulk and packed formats, ensuring versatility for diverse applications. Additionally, IOCL supplies specialty products, including CRMB (crumb rubber-modified bitumen) and emulsion grades under the Indemul brand, further enhancing their market reach.

Key bitumen grades and pricing across refineries

To better understand pricing variations, it is vital to explore the rates for different grades across these refineries. For instance, VG-10 bulk prices range from Rs. 23,856 per MT at Haldia to Rs. 24,256 per MT at Mathura, showcasing slight regional differences. Similarly, VG-40 prices peak at Rs. 25,956 per MT in Chennai, reflecting the higher demand and logistical costs in the southern region. On the other hand, packed bitumen prices follow a similar trend, although they incorporate the added costs of packaging and distribution. As a result, buyers in Chennai often face slightly higher rates due to these factors.

Insights into emulsion pricing

In addition to conventional bitumen, emulsion grades offer a flexible option for specific project needs. For example, bulk emulsion prices in Chennai remain competitive, with slow-setting (SS2) grade reaching Rs. 32,636 per MT. However, packed emulsions carry a higher price tag, primarily due to the additional packaging and transport costs involved. Therefore, buyers must carefully evaluate these variations to optimize their procurement strategies and ensure cost-effectiveness.

CRMB and PMB pricing breakdown

When it comes to high-performance bitumen, CRMB emerges as a preferred choice for many buyers. For instance, bulk CRMB-55 prices range from Rs. 27,136 per MT in Haldia to Rs. 28,986 per MT in Chennai. Additionally, packed CRMB grades come with higher costs, reflecting the additional expenses associated with packaging and delivery. Likewise, for advanced applications, PMB-40 pricing at Panipat offers a competitive edge at Rs. 28,896 per MT, ensuring reliable supply and exceptional performance for demanding projects.

Additional costs influencing pricing

Moreover, businesses must account for additional state-specific charges when calculating the total cost of bitumen. For example, Uttar Pradesh imposes an extra Rs. 77 per MT, Maharashtra adds Rs. 63 per MT, and Haryana applies Rs. 15 per MT. As a result, buyers need to incorporate these charges alongside the base price to create accurate procurement budgets.

Basekim simplifies bitumen sourcing

To address these challenges effectively, Basekim offers clients comprehensive solutions for sourcing bitumen across India. Not only does the team provide up-to-date pricing details, but they also deliver tailored strategies for bulk and specialty grades like CRMB and PMB. Furthermore, Basekim ensures transparent transactions, efficient delivery schedules, and access to high-quality bitumen for every project, enabling clients to navigate market complexities with confidence.

Contact Basekim today for the latest bitumen prices and expert guidance. With our support, you can secure cost-efficient solutions and achieve your business goals seamlessly.