For Grain based distilleries, they have allowed 23 lakh MT FCI Rice to be made available for Ethanol making. This should help some companies go for FCI rice, instead of Maize, thus helping ease some pressure on Maize. It has to be seen at what price is FCI rice will be available for Ethanol.
Next action is Ethanol price revision for upcoming Ethanol year- starting Dec. Most likely sugarcane-based Ethanol will see price hikes as it was increased last time, lets see if there is any for Ethanol made from Maize.
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