Prices In A Knot
Market macroscope: Steel rebar futures, Lithium prices, and Ethanol prices.
ethanol
August 2024
March 2024
January 2024
December 2023
October 2023
September 2023
December 2022
January 2022
June 2018
Bitter-sweet
Changing global cereal prices are expected to influence FMCG product prices directly.
Manufacturing needs to create own IP: Gauri Kirloskar
India’s gross expenditure on R&D, as percentage of GDP, has hovered around 0.7% for about a decade.
Ethanol blending target to face setbacks after govt restricts ethanol production from sugarcane
The government on December 7 issued a directive restricting the use of sugarcane juice and sugar syrup in the production of ESY 2023-24 with immediate effect.
In Weak Spirit
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
1% sustainable aviation fuel use to be mandatory from 2025: Gadkari
Govt pushing for large-scale up-take of ethanol to boost agri growth by 6%; eyes is to make ethanol economy worth Rs 2 lakh cr, says the minister
G20 biofuel initiative: Sugar stocks Shree Renuka, Balrampur Chini, EID Parry rally up to 7%
Sugar stocks such as Dalmia Bharat Sugar, Triveni Engineering, Bajaj Hindusthan, Dhampur Sugar Mills rose in the range of 2% to 5%.
Why are sugar stocks trading higher today?
KCP Sugar, Uttam, Mawana, Shree Renuka rallied up to 17% after the government announced a 100% incentive for sugar sacrificed for the production of ethanol.
Env. panel meet on Jan 6 to approve ethanol plants
Government is looking to reduce dependence on imported fossil fuel by blending 10% of fuel grade ethanol with petrol by 2022.
Ethanol could be the answer to the sugar crisis
The sugar industry is in the throes of a major crisis because of a glut in sugarcane production. Immediate government’s intervention can help mitigate a disaster in the making.
