Cabinet likely approves hike in ethanol prices; sugar stocks rally
- Posted on January 29, 2025
- By Business News Today
- 3 Views
Cabinet likely approves hike in ethanol prices; sugar stocks rally
The Union Cabinet has approved a proposal to increase ethanol prices, which have not been raised since the 2022-23 ethanol supply year. Current ethanol rates from cane juice, B-Heavy molasses, and C-Heavy molasses are Rs 65.61, Rs 60.73, and Rs 56.28 per litre.
