Indian govt’s price correction of ethanol from maize may help balance distortion

Excerpt from BusinessLine
Grain-based distilleries are unhappy with a Rs 3/litre reduction in the purchase price of maize-based ethanol. Meanwhile, the sugar industry has welcomed the government’s decision, though it cautioned against giving preferential treatment to dedicated ethanol plants. For the first time since the rollout of the ethanol…Read the original at BusinessLine
Key takeaways
- Category: Commodity.
- Assessed as a significant, market-relevant update.
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