The Indian government is still tweaking ethanol and sugar policy to tackle the surplus weighing on the market but it’s not likely going to be enough.
The Indian government has announced that it will increase millers’ monthly sugar sales quota by an amount that is equal to the sugar they will sacrifice for producing ethanol from B-heavy molasses, cane juice, sugar syrup and sugar, starting from October 2021. This will be over and above the existing scheme of monthly sales quota.
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