By Srinivas Chowdary Sunkara // petrobazaar // 21st January 2020.
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 for Feb delivery traded 0.59% lower at 1.357s, Corn prices edged down 0.77% at 386-2. Soybean oil March futures settled 0.66% lower to 33.14 yesterday. In Europe, Rapeseed oil futures for March delivered remained at 698.5s .
DIESEL PETROL PRICES IN HYDERABAD
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 reduced 21 paise or 0.31% and petrol prices are revised down 16 paise or 0.2% for the fifth day in a row in the capital city of India. Petrol is being sold at Rs.79.56 a liter while Diesel is priced at Rs.74.20 a liter today in Hyderabad retail market.
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