Ethanol stocks jump 15% after Govt removes cap on sugar diversion for ethanol production

The government of India (GoI) has removed the cap on sugar diversion for ethanol production for the 2024-25 season reversing last year’s ban. This policy change allows sugar mills to produce ethanol from sugarcane juice and B-heavy molasses, enhancing their operational flexibility and potential profitability.  Following the new update on the removal of the cap … Continue reading Ethanol stocks jump 15% after Govt removes cap on sugar diversion for ethanol production