By Srinivas Chowdary Sunkara // petrobazaar // 11th May 2023.
USED OIL / USED LUBRICANT OIL / WASTE OIL PRICE
Waste oil or Used oil or Used lubricant oil is typically any kind of insulating fluid that has been used in a machine like a motor vehicle, truck or other industrial asset as a lubricant or heat transfer medium. At the end of its useful life it can no longer perform satisfactorily as its inherent properties have been diminished – it becomes a used oil or used lubricant oil or waste oil. Then the oil is ready to collect , to process and to re use . Currently Used oil / Used lubricant oil / waste oil is sold between Rs.20 - Rs.25 per ltr. As per the market sources. Our clients buy at a competitive price.
USED COOKING OIL PRICE
The Food Safety and Standards Authority of India (FSSAI) has set the limit for Total Polar Compounds at 25% beyond which the vegetable oil shall not be used. The regulator notified that all Food Business Operators (FBOs) must comply with this limit from July 1, 2018. The Used Cooking Oil is sold as per market determined price. As per the market sources. Our clients buy at a competitive price.
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