Ethanol may help to alleviate the situation in India but with the macro situation changing quickly, it’s not going to be enough at the pace change is coming.
To give a further boost to ethanol diversion—which is touted as a remedy to India’s sugar glut—the Modi government has revised up the regulated prices of ethanol. Ethanol made from C-heavy molasses was raised by 2%, from B-heavy by 3% and from sugarcane juice, sugar syrup and sugar by 1%. That is not all. The
You need to be signed in with our Sugar Exec plan or above to view this content.