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India Halts Sugar Diversion to Ethanol After El Nino Hurts Crops

Source: Bloomberg

Regulation & LegislationEnergy Markets & PricesCommodities & Raw Materials

India ordered state-owned fuel retailers to stop procuring ethanol made from sugar and key sugarcane-based feedstocks. The move may help keep sugar prices in check; the article provides no figures or details on implementation timing.

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