By Srinivas Chowdary Sunkara // petrobazaar // 28th Oct, 2019.
Bio diesel prices are bench marked with diesel prices in Indian retail market. The retail prices of Bio diesel remain steady and trended to follow changes in the diesel prices in India. Turning to US markets, Ethanol futures prices are unchanged at 1.444s on late week, Corn Dec futures ticked 0.39% down at 385.2 while soybean oil Dec futures edged 0.06% up at 30.98 on Friday. Rapeseed oil Dec futures remained unchanged at 698.5s on Euronext.
Diesel and petrol prices in India are changed daily in line with a rise and fall of global oil prices. Following the daily price revision of auto fuels in India, Both diesel and petrol retail prices remained unchanged today after descending around 4% during the last week across India. Diesel is sold at Rs.71.92 per liter while petrol is being offered at Rs.77.60 a liter in Hyderabad.
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