E10 blending policy
September 3, 2013
| Meghan Sapp
In India, an E10 blending policy would remove up to 1.5 million metric tons of sugar from the market, leading to higher prices. The blend will also reduce foreign exchange expenditures by $1.3 billion. Gasoline imports are at 81 cents per liter, which is the market price that sugar mills are attempting to get from oil marketing companies.
Category: Policy