Tridge summary
India, facing massive rice inventories exceeding government targets, is diverting record amounts of rice, 5.2 million metric tons, for ethanol production. This move aims to manage surplus stocks and sustain the ethanol blending program amidst sugarcane supply challenges. Increased rice availability for ethanol has also eased pressure on corn prices, benefiting the country's energy goals.
Original content
India is allocating record rice volumes for ethanol production as it struggles with unprecedented inventories that are likely to swell further with the arrival of the new season crop, a reversal from earlier shortages that led to export curbs. #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Turning more rice to ethanol is helping to reduce rice stocks in the world's biggest ...
Source: Economic times
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