India Halts Sugar Diversion for Ethanol

India has directed oil marketing companies to cut sugar diversion for ethanol production to zero in the 2026/27 tender. The move aims to protect domestic sugar supplies and lower record prices following poor rainfall.

Xurve View
Insights:
FILE PHOTO: A truck is loaded with sugar cane in Sertaozinho, about 344 km (215 miles) northeast of Sao Paulo April 21, 2007. REUTERS/Paulo Whitaker

India cut sugar diversion for ethanol production to zero in its latest tender, prioritizing domestic supplies as poor rainfall pushes prices higher. The policy shift impacts 11 billion litres of fuel procurement for the year beginning in November.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.