India Lifts Sugar Curbs for Ethanol in Threat to Global Supply [Yahoo! Finance]
WILMAR INTL LTD UNSP/ADR (WLMIY)
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Source: Yahoo! Finance
Most Read from Bloomberg Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds Turkey Plans Istanbul Taxi Surge to Tackle Complaints Intergenerational Housing Could Help Older Adults Combat Loneliness As Rural Hospitals Shutter Maternity Wards, Urban Ones Follow A Loud Warning From the Past About Living With Cars Ethanol producers will be allowed to use sugarcane juice, B-heavy and C-heavy molasses during the 2024-25 year that starts November, according to the food ministry. Authorities will periodically review the measures to ensure there's adequate sugar supply for domestic consumption, the agency said. India stopped millers from using cane juice and syrup to make ethanol in 2023-24 to increase its sugar reserves after poor rainfall damaged some crops. The South Asian nation also implemented curbs on exports, which were extended in October to keep local prices in check ahead of national elections. Benchmark sugar prices have rallied recently af
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- Adani, Wilmar to Start Stake Sale in Joint Venture Next Month [Financial Post (Toronto, Ontario, Canada)]Financial Post