By Srinivas Chowdary Sunkara // petrobazaar // 31st Dec 2019.
BIODIESEL PRICE
Biodiesel prices are bench marked with diesel prices in Indian retail market. The retail prices of bio diesel remain unchanged and trended to follow the changes in diesel prices in India. Turning to U.S markets, Yesterday, Ethanol futures prices slipped 0.28% at 1.416s, Corn prices edged down 0.32% at 378-0. Soybean oil Mar futures traded down 0.48% to 35.28 yesterday. In Europe, Rapeseed oil futures for March delivery remained 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 and petrol prices are increased across all the metro cities. Petrol is being sold at Rs.79.96 while Diesel price stood at Rs.74.16 a liter today in Hyderabad retail market. During the year 2019, Petrol prices are soared by Rs.6.30 with 8.9% up while diesel prices are skyrocketed by Rs.5.1 with 7.91% in the capital city of India.
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
