By Srinivas Chowdary Sunkara // petrobazaar // 13th Dec 2019.
Bio diesel prices are benchmarked with diesel prices in Indian retail market. The retail prices of biodiesel remain firm and trended to go up following the upward trend in crude palm oil futures prices in the international markets. As per bloomberg report, Palm oil futures advanced toward the highest level since 2017 as prospectus for slowing production and increased biodiesel demand outweighed concern over lower demand from India, the biggest importer.
DIESEL PETROL PRICE
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 prices remain unchanged for the forth day in a row while petrol prices are revised up by 6 paise or 0.1% for the second day in the capital city of India. In Hyderabad, petrol is being sold at Rs.79.69 a liter and diesel is priced at Rs.72.07 per liter today.
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