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₹
IOCL is a government-owned oil and gas corporation located in Delhi. IOCL owns 11 of the 23 refineries in India.
IOCL Bitumen Price List Today
Bitumen VG10 – Bulk
Bitumen VG10
55297₹ ± 0₹
1.9%
16
March
Bitumen VG10 – Packed
Bitumen VG10
63191₹ ± 0₹
-0.7%
01
February
Bitumen VG30 – Bulk
Bitumen VG30
56831₹ ± 0₹
1.9%
16
March
Bitumen VG30 – Packed
Bitumen VG30
64725₹ ± 0₹
-0.7%
01
February
Bitumen VG40 – Bulk
Bitumen VG10
55297₹ ± 0₹
1.9%
16
March
Bitumen VG40 – Packed
Bitumen VG40
58683₹ ± 0₹
0%
16
February
IOCL (Bulk)
BPCL is also a government-owned oil and gas corporation, and its headquarters is located in Mumbai, Maharashtra.
BPCL Bitumen Price List Today
Bitumen VG10 – Bulk
Bitumen VG10
46550₹ ± 0₹
1.9%
16
March
Bitumen VG10 – Packed
Bitumen VG10
50730₹ ± 0₹
-8.4%
16
March
Bitumen VG30 – Bulk
Bitumen VG30
49960₹ ± 0₹
1.8%
16
March
Bitumen VG30 – Packed
Bitumen VG30
51530₹ ± 0₹
-8.1%
16
March
Bitumen VG40 – Bulk
Bitumen VG40
53340₹ ± 0₹
1.9%
16
March
Bitumen VG40 – Packed
Bitumen VG40
54220₹ ± 0₹
0%
16
March
BPCL (Bulk)
HPCL is a part of the Oil and Natural Gas Corporation, with its headquarters in Mumbai, Maharashtra.
HPCL Bitumen Price List Today
Bitumen VG10 – Bulk
Bitumen VG10
49660₹ ± 0₹
-15.9%
16
March
Bitumen VG10 – Packed
Bitumen VG10
58970₹ ± 0₹
13.8%
16
December
Bitumen VG30 – Bulk
Bitumen VG30
49960₹ ± 0₹
-15.9%
16
March
Bitumen VG30 – Packed
Bitumen VG30
59770₹ ± 0₹
13.6%
16
December
Bitumen VG40 – Bulk
Bitumen VG40
53340₹ ± 0₹
-15.7%
16
March
Bitumen VG40 – Packed
Bitumen VG40
64710₹ ± 0₹
14.2%
16
December
HPCL (Bulk)
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.