New Delhi may not hike ethanol prices for the 2023/24 season due to sugar supply concerns, high food inflation, and the upcoming elections.
Media reports suggest that the Indian government may hike the price of ethanol processed from sugarcane for the 2023/24 season, which starts on November 1. This is not difficult to understand given the country’s aggressive push towards greener fuels such as ethanol. However, despite the expectation, an ethanol price hike may not happen. Instead, New
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