In India, Economic Times reports that sugar mills responded in force to the oil marketing companies’ tender to supply ethanol next year with a record-breaking 1.13 billion liters purchased against 1.55 billion liters offered, 71% higher than the volume supplied last year when cane production was significantly impacted by drought and ethanol prices were 5% lower. The previous record in 2015/16 was for 1.11 billion liters. Some of the volumes were rejected because they would have supplied more than 10% blending at specific depots.
Category: Fuels