Sugar Stocks Fall as India Bans Sugar-Based Ethanol for 2026-27
The Indian government has banned sugar-based ethanol supplies for the 2026-27 season, causing sugar stocks like Bajaj Hindusthan Sugar to drop over 5% in early trading. New procurement rules prohibit using sugarcane juice and B-heavy molasses for ethanol production. The government is shifting focus to grain-based ethanol to maintain stable sugar availability amid production uncertainties.
TOI Business·




