India halts sugar diversion for ethanol production
Statements (5)
- Bearish
India sugar stocks fell between 2% and 6% after oil marketing companies were directed to cut sugar diversion for ethanol to zero for 2026/27
- Bearish
Indian sugar stocks dropped in early trading following the government's directive to cease sugar diversion for ethanol production.
- Bearish
India sugar stocks slide as government halts sugarcane-based ethanol diversion
- Neutral
India orders zero sugar diversion for ethanol use in 2026/27 tender
- Neutral
Government of India has decided to stop sugar diversion for ethanol production