Bitumen Imports Volume update
Q4FY26 - 7,40,000 MT ( up 19% QoQ, down 22% YoY)
Q3FY26 - 6,20,000 MT
Q4FY25 - 9,51,000 MT
Full year FY26 - 27,78,000 MT (down 4% YoY)
vs FY25 - 29,01,000 MT
India Domestic Production of Bitumen update
Q4FY26 - 17,39,000 MT (up 23% QoQ, up 1% YoY)
Q3FY26 - 14,18,000 MT
Q4FY25 - 17,23,000 MT
Full year FY26 - 53,58,000 MT (up 1% YoY)
vs FY25 - 53,05,000 MT
A big order of 477 crores from HPCL to.be executed over one year.
I hope the stock will turn now.
Disc: 1.2% of PF at 3% higher price
Refineries are the producer of Bitumen. They also mix additives to low grade Bitumen to make them high viscosity high grade Bitumen. Bitumen | Hindustan Petroleum Corporation Limited
Usually these refineries have been using Agarwal’ container Ship for transportation of LPG and Bitumen only, there is no other mention of these in their AR.
So now why HPCL going to buy Bitumen from Agarwal?
For Agrawal it is going to buy low viscosity Bitumen (from where, Gulf, IOCL?) , add additive and sell it to HPCL? Why HPCL want to buy it?
Can some one help locate the tender on HPCL site. (I did tried searching for some time.)
Disc: Tracking position (less than 0.1% of PF)
