In India, the government agreed to boost heavy molasses-based ethanol prices by 4 cents per liter in an effort to help shore up the poor finances of sugarcane mills suffering from high cane prices, also imposed by the government. Ethanol prices were also set for B molasses and cane juice-based ethanol at 68 cents per liter compared to 63 cents per liter for heavy molasses-based ethanol. Itβs the first time the government has set prices for ethanol using feedstocks other than heavy molasses.
Category: Policy