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India's oil marketing companies issued a 2026-27 ethanol procurement tender on October 16 seeking about 11 billion litres, excluding ethanol from sugarcane juice, sugar syrup and B-heavy molasses. The maize-based ethanol procurement price was cut from ₹71.86 to ₹68.86 per litre.
Grain-based feedstocks made up 71.4% of receipts in the 2025-26 supply year.
Shifting ethanol output from sugar to grain raises demand for maize and other grains, which tightens feed grain supplies in India. Lower sugar output for 2026-27 also points to firmer domestic sugar prices.
thehindubusinessline.comUppal ShahNov 1, 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.
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.
