Tuesday, September 3, 2019

Govt hikes ethanol price to cut oil import bill by $1 billion

Govt hikes ethanol price to cut oil import bill by $1 billion Ethanol is a by-product of molasses generated on crushing of sugarcane and the higher price is to encourage sugar mills to divert from sugar production.

from Moneycontrol Business News https://ift.tt/2zHoSF9

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