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Indian bioethanol producers asked the government to raise the corn-based ethanol procurement price by about 9% to 75 rupees per liter. A new tender sets the effective price at 68.86 rupees per liter, and India banned sugarcane juice and B-heavy molasses for ethanol in the new season.
India's shift toward grain-based ethanol, rising to about 90% of supply, increases corn and rice demand and supports domestic feedstock prices.
ukragroconsult.comOct 30, 2026After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
