By Srinivas Chowdary Sunkara // petrobazaar // 27th August, 2019.
BIODIESEL PRICE TODAY
Biodiesel prices are benchmarked with diesel prices in the Indian retail market. In US, Ethanol swaps prices continue to demonstrated downward trend and shed by 1.67% at 1.295s. In India, the retail prices of biodiesel remained stable. State run oil marketing companies IOCL, BPCL and HPCL launched a programme to procure biodiesel made from used cooking oil in 100 cities across the country. Initially, the biodiesel would be procured by the OMCs at an assured rate of Rs.51 per liter, which would be increased to Rs,52.7 in the second year and Rs.54.5 per liter in the third year.
PETROL DIESEL PRICE TODAY
Petrol diesel prices in India are changed daily in line with a rise and fall of global crude prices. Following the daily price revision of auto fuels in India, Petrol and diesel prices are remained unchanged across India. Petrol is being sold at Rs.72.07 while Diesel is prices at Rs.65.35 a liter in the capital city of India, Delhi.
Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com
