India considers curbing use of sugarcane for ethanol to tame record-high sugar market
India may limit sugarcane use for ethanol to increase sugar production with an aim to stabilise record-high sugar prices and ensure smooth domestic supply. Reduced rainfall in key states has raised concerns about next year's sugar output. The government might allow corn and rice for ethanol to maintain its blending program.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
