By Srinivas Chowdary Sunkara // petrobazaar // 18th Nov 2019.
Biodiesel prices are bench marked with diesel prices in Indian retail market. The retail prices of bio diesel remain steady and trended to follow the change in diesel prices in India. Turning to US markets, On Friday, Ethanol prices are changed down marginally, Corn futures prices closed down while Soyabean oil futures prices inched up. In Europe, Rape seed oil futures prices remained unchanged on late week.
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 oil prices remained unchanged for last six days while petrol prices are increased by 16 paise or 0.2% today across the country. In Hyderabad, Petrol is sold at Rs.78.8 per liter while diesel is priced at Rs.71.80 per liter.
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