By Srinivas Chowdary Sunkara // petrobazaar // 2nd January, 2020.
BIODIESEL PRICE
Biodiesel prices are bench marked with diesel prices in Indian retail market. The retail prices of bio diesel remain stable and trended to follow the changes in diesel prices in India. Turning to U.S markets, Yesterday, Ethanol futures prices remained unchanged at 1.410s, Corn prices edged down 0.13% at 378-6s. Soybean oil March futures ticked 1.92% down to 34.77s. In Europe, Rapeseed oil futures for March delivery remained unchanged at 698.5s.
DIESEL PETROL PRICES
In India, Diesel and petrol prices are changed daily in line with a rise and fall of global oil prices. Following the daily price revision of auto fuels in India, Diesel oil prices are crept up for the sixteenth time since 1st Dec, 2019 and petrol prices are soared up for the sixth time since Dec 18th 2019 across all the metro cities. Diesel prices are revised up 11 paise or 0.1% to Rs.75.25 per liter while Petrol prices are ticked 14 paise or 0.21% up at Rs.68.1 a liter in the capital city of India today. Petrol is being sold at Rs.80.04 a liter while diesel is being priced at Rs.74.28 per liter is being sold in Hyderabad retail market.
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