USDA attaché report says India will blend record 5.8% of ethanol this year

In India, the USDA’s attaché reports that ethanol blending this year could reach a record 5.8%, above last year’s 4.1% as the government pushes for higher blending through deregulation of feedstocks, soft loans for increased investment in ethanol production and focus on 2G ethanol technologies and commercialization. Oil marketing companies are seen sourcing 2.4 billion liters of ethanol from sugar producers this year while demand for industrial and potable ethanol is being filled more by imports, which are seen rising more than 19% on the year to 750 million liters.