In India, Maharashtra was only able to supply 30 million liters of ethanol during 2016/17 compared to 380 million liters the year prior due to the poor crush. With molasses prices nearly double compared to last year and lower prices, ethanol production wasn’t economically viable. But even with the poor economic environment for ethanol, Maharashtra mills still offered 72.7 million liters during the tenders floated by the oil marketing companies. In total, OMCs managed to blend 4.15% during 2016/17.
Category: Fuels