India · English
Sugar Stocks Fall Up To 6% As Govt Halts Sugarcane-Based Ethanol Procurement For 2026-27
Shares of major Indian sugar producers declined by as much as 6% in early trading on Oct 19 after the government restricted sugarcane-based ethanol procurement for the 2026-27 supply year. The latest tender issued by state-run oil marketing companies (OMCs) excludes ethanol produced from sugarcane juice, sugar syrup and B-heavy molasses. The move aims to increase domestic sugar availability and…
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