Bitumen price in India has a significant impact on imports and exports around the world. The bitumen price in each country is governed by specific rules regarding deals, exports, imports, and the global economy. Indian traders usually look into the domestic prices of petrochemicals released by IOCL, BPCL, and HPCL before they try to import cargoes.
Latest Bitumen Prices in India
Last Update: 16 March 2025
IOCL (Bulk)
Bitumen VG10: 55297₹
Bitumen VG30: 56831₹
Bitumen VG40: 55297₹
BPCL (Bulk)
Bitumen VG10: 46550₹
Bitumen VG30: 49960₹
Bitumen VG40: 53340₹
HPCL (Bulk)
Bitumen VG10: 49660₹
Bitumen VG30: 49960₹
Bitumen VG40: 53340₹
India’s Oil and Gas Consumption & Price
India’s demands for petroleum, oil, VG grades of bitumen, emulsions, and PEN grades have always been high. As the ultimate point, India has generally acted as both the bitumen buyer and bitumen supplier recently. However, we can consider this country to be the leader in this market. That is the reason why the news of India is also important and affects the market notably.
Since 2020, different parameters have affected the bitumen prices in India. The Russian-Ukraine war and the global economy were determining issues. The US-China trade conflict has also been another significant factor that has empowered India in Asia and positively impacted India’s economic growth.
As mentioned above, global issues, crises, and matters significantly impact everything, such as production, prices, deals, industries, etc.
This condition will also make predicting future prices difficult. However, on this website, we share our accurate forecasts, analyses, and weekly prices with you.