India to soon raise sugarcane-based ethanol prices

In India, the Business Standard newspaper reports the Cabinet Committee on Economic Affairs is expected to soon approve an increase for ethanol prices from all three categories (B-molasses, C-molasses and sugarcane juice) at between 3 and 4 cents per liter. The increased price won’t be applied to ethanol produced from broken grains. Ethanol blending is currently at 5.1% with mills having so far supplied 1.42 billion liters in the season ending in November, 73% of the volume requested by the oil marketing companies in their tenders.

Category: Fuels