Market pulse › Sugar and ethanol
Sugar and ethanol
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● mixedEthanol sector not competing for maize with any sector, says distillers’ associationThe distillers’ association says ethanol production uses coarse cereals to create value for Indian agricultural resources and support energy securityAgricultureFarm commodities
Data▼ bearishIndia’s ethanol industry faces nearly 7-billion-litre capacity glutNearly 7 billion litres of capacity has no clear marketAgricultureIndian Oil
Policy● mixedWhat if your car’s fuel bill felt like ₹25 petrol? The hybrid tech behind Gadkari’s 100% ethanol car pitchNitin Gadkari says ethanol-powered cars can have fuel costs comparable to petrol at ₹25 per litreNitin GadkariCars and SUVsFuel prices
● mixedFDA recalls 1.7 million pounds of sugar: Check if your brown or powdered sugar is affectedFDA classified the recall of nearly 1.7 million pounds of brown and powdered sugar as Class IIUSFDAFarm commodities
Data▼ bearishEl Nino To Hit Pulses, Sugarcane, Oilseeds; Not A Food Security Risk Yet, Says ExpertPulses, sugarcane, oilseeds and cotton are expected to face the sharpest production disruptionsFarm commoditiesMonsoonAgriculture
Expansion▲ bullishGadkari says 100% ethanol car launching in OctoberGadkari says a car running entirely on ethanol, without petrol, will launch in OctoberNitin GadkariCars and SUVsAutos
Policy▲ bullishGadkari says ethanol can lift farm incomes and cut fuel importsGadkari said greater ethanol use could boost farmers’ incomes and reduce petroleum importsAgricultureFuel pricesNitin Gadkari
Data● mixedSugar imports likely for second yearIndia is likely to import sugar for a second consecutive yearAgricultureTrade dataTrade and tariffs