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bitumen price in india per kg

by Dr. Trent Lebsack DVM Published 3 years ago Updated 2 years ago

Cp Llp Industrial Bitumen, Pack Size: 190 Kg, Grade Standard: 60/70 ₹ 26,500/ Ton Get Quote India Asphalt Bitumen 60 70 80 100, For Road Construction ₹ 34/ Kg Get Latest Price

The price of Bitumen products is between ₹36 - ₹49.3 per Kg during Jun '21 - May '22.
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M.K. Petro Products India Private Limited.
BitumenPrice
August '21₹37/Kg
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Full Answer

Is bitumen a petroleum product?

bitumen, dense, highly viscous, petroleum-based hydrocarbon that is found in deposits such as oil sandsand pitch lakes(natural bitumen) or is obtained as a residue of the distillation of crude oil(refined bitumen). In some areas, particularly in the United States, bitumen is often called asphalt, though that name is almost universally used for the road-paving material made from a mixture of gravel, sand, and other fillers in a bituminous binder.

What is conventional paving bitumen?

There are more paving bitumen grades of bitumen like C240 and C320. Bitumen is a viscous product obtained from the refining of crude oil. Bitumen is temperature sensitive, i.e. the material is fluid when heated allowing it to be pumped and sprayed.

What are uses of bitumen?

  • Adhesives: They consist of adhesives which bind together all the components without bringing about any positive or negative changes in their properties.
  • Waterproof: Bitumen is insoluble in water and can serve as an effective sealant.
  • Strong: Though the coarse aggregates are the main load-bearing component in a pavement. ...

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What is the penetration test of bitumen?

  • The penetration test is used as a measure of consistency. ...
  • The test is widely used all over the world for classifying bituminous materials into different grades.
  • Depending upon the climatic conditions and type of construction, bitumen of different penetration grade are used. ...

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What is the price of bitumen in India?

On 15th February, refineries in India raised bitumen prices by 4845 INR....Bulk BitumenPrice (in Rs.)VG30 (60/70)58506VG40 (30/40)62790Packed BitumenPrice (in Rs.)VG10 (80/100)662943 more rows

What are bitumen prices?

Bitumen Price List TodayBitumen Grade (Drum)Fob Jebel Ali Bitumen Price USDBitumen VG 10455-465Bitumen VG 30455-465Bitumen VG 40455-46560/70 SPOT Test Positive435-4453 more rows

What is bitumen a 70?

The penetration of Bitumen is used to measure its grade. It is reported as a penetration value of mm/10. Bitumen penetration grade 60/70 means the penetration value is in the range 60 to 70 at standard test conditions which commonly used as a Paving Grade.

Which bitumen is best?

Bitumen VG30 is the most widely used type of bitumen in road construction, insulation, building construction industries, and also in the production of cutback bitumen. It's better to know that this vg30 bitumen can be used instead of 60/70 penetration bitumen grade. VG 30 bitumen is a popular grade of bitumen in India.

What is the meaning of 60 70 bitumen?

Bitumen penetration grade 60/70 means the penetration value is in the range 60 to 70 at standard test conditions which commonly used as a Paving Grade. Bitumen is applicable for the production of hot mix asphalt for bases and pavements and for road construction.

How is bitumen sold?

In order to transport the bitumen by pipeline, it is blended with diluent on-site and shipped and sold as diluted bitumen (dil-bit). The process to get the final product to market would be: Acquire the diluent. Transport the diluent to the field.

What is the meaning of 80 100 bitumen?

Bitumen Penetration Grade 80/100 is a standard penetration grade Bitumen usually used as a Paving Grade Bitumen suitable for road construction and for the production of asphalt pavements with superior properties. This grade of Bitumen is mainly used in the manufacture of hot mix asphalt for bases and wearing courses.

What is the difference between bitumen 60 70 and 80 100?

The Difference between Bitumen 60/70 and 80/100 The main difference between 60/70 and 80/100 is their penetration value. To decide between 60/70 vs bitumen 80/100, we should consider the fact that bitumen penetration 80/100 is softer than bitumen 60/70. For this reason, bitumen 80/100 is used at cold temperatures.

Which grade of bitumen is used in India?

VG-30 is the most widely used grade of bitumen in India. This grade is primarily used for the construction of extra-heavy bitumen pavements that bear significant traffic loads. VG-30 is also used in hot climate areas, because of its resistance to higher temperatures.

What is the grade of bitumen?

Viscosity Grading of BitumenAd GradeViscosity at 60 degree Celsius, PoisesAC-101000±/-200AC-202000±/-400AC-303000±/-600AC-40 HARDEST4000 ±/-8002 more rows•Feb 24, 2017

What type of bitumen is used for roads?

There are three varieties of bitumen emulsion, namely, slow setting (SS), medium setting (MS) and rapid setting (RS) depending upon the stability provided by the emulsifying agent. It can be easily applied at ambient temperature, merely mixing it with aggregates for road works starts the binding process.

How much bitumen is used in road construction?

3.5% to 5% bitumen is normal content for road construction.

Which countries are dominant in oil and bitumen production?

Correspondingly, some countries such as India, Iran, Saudi Arabia, and the. USA, are dominant in oil and bitumen production; therefore, they have the. ability to affect the oil prices in the global contracts. However, some other. items affect the prices, such as the countries’ deals, relations, trade wars, and decisions.

What are the major oil producers in India?

Here is a list of major producers in India: Indian Oil Corporation Limited (IOCL): IOCL is a government-owned oil and gas corporation and the headquarter is located in Delhi. Bharat Petroleum Corporation Limited (BPCL): BPCL is also a government-owned oil and gas corporation and its headquarter is located in Mumbai, Maharashtra.

Is India a bitumen buyer?

Many countries’ oil and gas consumption, bitumen and petrochemicals’ imports and exports, and constructions. have all decreased or have been suspended. As the ultimate point, India has generally acted as both the bitumen buyer. and bitumen supplier recently.

Does India have bitumen?

Bitumen price in India has a large impact on imports and exports in the world. Generally speaking,IOCL bitumen price. the bitumen price in different countries has a major rule. in the countries’ deals, exports, imports, and the global economy. As you may know, refineries produce various petrochemical substances such.

Is bitumen fixed in India?

Needless to mention that the bitumen prices are not fixed. In other words, the bitumen price in India differs from that in other countries. Here we. explain the reasons. Since bitumen exports and imports are high between countries, some items. cause the difference between prices and costs in each deal.

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What happened to bitumen in 2019?

In June and May, Persian Gulf ship attacks, Iranian shoot-down of U.S. drone, British, and Iranian tanker seizures set a price record for 2019. The last geopolitical incident that could shake up the bitumen price in the. Middle East, was the Attacks on Saudi Aramco oil facilities, in September.

Where does bitumen come from?

They mainly derived bitumen from the vacuum bottom in oil refineries. Bitumen manufacturers refer to it as the heaviest part of crude oil, which is the base material for producing bitumen. Therefore, the VB price is extremely influential in bitumen and other petrochemical costs.

What was the challenge of the 2018 bitumen market?

Another challenge that was imposed on the bitumen market. in May 2018 was OPEC’s decision to condense the production of crude oil. Overall, the variations of bitumen prices reached their highest level during 2018. You may be surprised to find that the lowest value of bitumen this year was.

When did Brent crude oil hit $35?

With the contagion of the Coronavirus in the Middle East and Europe, as well as the closure of China’s borders, Brent crude oil hit $35 on March 9, and Brent oil has been declining since then, reaching $9 on April 21. WTI oil. price changes have followed a similar trend.

Does oil price change in the Middle East?

As we all know, as the oil value changes, the price will change undeniably. Generally, the prices in the Middle East have more fluctuations, since the U.S has more conflict with Asian countries such as China, Iraq, etc. However, European countries have complications in their economy and prices.

Does bitumen affect other particularities?

Therefore, this is a generally complicated matter that needs accurate analysis and forecasts. Subsequently, the bitumen price itself will affect some other particularities. and elements to some extent. In other words, whereas some matters impact. the bitumen price, the bitumen price itself causes some changes in some.

Is bitumen a vital material?

Bitumen Price. As you might know, it is a vital material for many industries and has. become highly applicable lately. That has many grades and by-products, all of which have various applications and uses. Except for the grades. and functions, this product has another important item that is. highly noticeable, the bitumen price.

How much does bitumen affect the price?

It’s better to know that generally, bitumen packing can affect the total price of bitumen from zero to 20 %. For example, packing of bulk bitumen has no effect on the total price of the product and only the cost of bitumen itself is considered.

What are the three main refineries that qualify the price of Indian bitumen?

Three main refineries that qualify the Price of Indian Bitumen are MRPL, IOCL and BPCL. Generally, Iran bitumen price is lower than the price of bitumen from these refineries. The main issue in India is that producing the bitumen has a high cost due to its process and its transportation, so they prefer to import bitumen from other countries such as ...

What is bitumen brokerage?

The bitumen brokerage. The prices of materials that can be used in bitumen industry, for example the rising of steel sheet price impacts on the drum of bitumen and generally affects the cost of bitumen.

Why is bitumen price fluctuating?

The fluctuation of bitumen price is also due to issues such as: Geopolitical tensions. Shipping regulations. Oil price. However, the most important factor is the amount of supply and demand. Since prices are fluctuating, contact us to know the exact price of bitumen.

How much is bitumen grade 40/50?

Usually, viscosity grade bitumen is more expensive than penetration grades ( 3 to 5 $) and the penetration grade 40/50 usually is 10 $ expensive than penetration grade 60/70 and 80/100. The price of penetration grade 60/70 and 80/100 is the same. Altogether, the base of bitumen price evaluation is the price of penetration grade 60/70.

Will bitumen prices increase in 2021?

Bitumen Price 2021. Bitumen news shows that the price of bitumen will increase in 2021. Therefore, countries insist on purchasing bitumen at lower prices to cover the shortage of their bitumen quickly. Several countries in Africa and Eastern Asia knew that bitumen demand is increasing, so recently they have reserved bitumen.

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