Fitch says ethanol will prevent crash in Indian sugar market
In India, ratings agency Fitch said that the increased ethanol market will protect India from a crash in sugar prices expected next year when global sugar production and inventories are expected to improve. Fitch said that “better visibility of cane output and a declining supply deficit” will be offset by “the Indian government’s renewed focus on strongly implementing the ethanol-blending program”.
Fitch says ethanol will prevent crash in Indian sugar market is a post from: Biofuels Digest
