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Tuesday, September 3, 2019
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
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.
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