India to give sugar mills diverting sugar to ethanol more sugar sales quota from October

In India, the Business Standard newspaper reports that with the country fairly sure it won’t be subsidizing sugar exports in the season starting in October thanks to high global sugar prices, it is rewarding exporters and sugar mills producing ethanol from sugarcane juice and heavy-B molasses, thereby reducing sugar production, with additional monthly domestic sugar sales quotas from October. The government has been pushing for diversion to ethanol in order to draw down the significant sugar stocks and new season sugar production while also increasing supplies for blending.