Home FEATURED NEWS India May Devote More Sugar to Ethanol in Blow to Export Hopes

India May Devote More Sugar to Ethanol in Blow to Export Hopes

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India could permit sugar mills to make use of extra of the sweetener to make ethanol, in a move Bloomberg Terminalprone to cut back the percentages of easing export curbs any time quickly, based on an individual accustomed to the matter.

The authorities is contemplating a proposal to allow factories to make use of a further 800,000 tons of sugar for biofuel this yr, because the crop is prone to be larger than predicted, mentioned the individual, who requested to not be recognized because the talks are confidential. That can be on high of 1.7 million tons allocated Bloomberg Terminalearlier.

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