ChemPriceHub, October 23:
India has announced a significant policy change: no sugar-based ethanol procurement for the 2026–27 crushing season, effectively halting the diversion of sugarcane to ethanol production and prioritizing domestic sugar supply. Amid rising global sugar prices, India’s reduction in sugar-to-ethanol conversion is expected to tighten global supply of sugar-based ethanol, thereby driving up overseas ethanol quotations and indirectly increasing import cost expectations.
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