India has decided to allocate 5.2 million tons of rice for ethanol production, trying to manage record stocks and support the ethanol blending program.
Delia Niculescu
International
foto:pexels
Always see our news on Google
India is facing record rice stocks and has decided to divert a significant amount, 5.2 million tons, to ethanol production instead of imposing export restrictions. This is a change from previous years when the rice crisis led to export curbs. Ethanol production will help reduce the surplus and meet the goal of blending 20% ethanol into gasoline by 2025/26. The large rice stocks will allow India to increase its exports, with an estimated 22.5 million tons by 2025.
Sources
Latest News
08:44
Gabriela Ruse advances to round 2 at the WTA 1,000 in Toronto, after the victory against Peyton Stearns
08:31
25 U.S. states challenge the new import tariffs imposed by Donald Trump
08:05
Poland contests the ruling of the Brussels Tribunal to pay 1.3 billion euros for the Pfizer vaccines
07:45
Irineu Darău: "No matter how easy or populist it may be to promise some prices or even to limit them, great care must be taken / You cannot guarantee a price, but you can end up with shortages."
07:23
Superliga: The red-blues draw with Farul, score 2-2, and return to first place in the standings
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
