Earlier, rice was supplied at Rs 20 per kg for ethanol production by FCI. Its a good news that FCI is starting e-auction of rice again under Open market sale scheme. Even though, it may not be significant for the distilleries, it surely points to improving supplies. International prices for rice has already starting come down.
Also, the area under rice cultivation is good this year. India is second largest producer of rice and the largest exporter.
Yield on ethanol production is higher for rice than maize as management mentioned in the last concall. I don’t think management has given a clear picture of the yield from different feedstock.
This article gives an idea of the yield
Rice – 400 -460 l/mt
Maize – 370 – 380 l/mt
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