cost of petrol- Rs 42 +8% refining+ 4% import freight, etc = 47.
average Ethanol @60 is 30% higher. maize ethanol is 72 !!
all costs after this like dealer commission, last mile transport, etc are all common as it is blended.
We have got it all terribly wrong… and is reflected in losses of sugar companies… few of them will shut down.
I wonder why grain based ethanol companies are not shutting down.
| Subscribe To Our Free Newsletter |
