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An earnings preview expects India's sugar sector to post a weak Q3 FY25, with sugar prices down about 5% year on year and India's sugar output forecast to fall 12% to 28 million tonnes. Ethanol volumes are growing modestly, but ethanol prices for the season have not been revised.
Lower Indian sugar output and a delayed ethanol price decision affect cane-based ethanol and molasses supply. Feed buyers have limited direct exposure, so the effect on feed grain prices is minor.
etnownews.comRishabh RajJan 12, 2025Not enough comparable past events yet for a historical read.
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.
