
India's 2026-27 ethanol procurement tender, issued October 16, excludes ethanol from sugarcane juice, syrup and B-heavy molasses and keeps C-heavy molasses eligible. The maize-based ethanol procurement price was cut from ₹71.86 to ₹68.86 per litre.
Grain-based feedstocks made up 71.4% of ethanol receipts in the 2025-26 supply year, with maize contributing 413 crore litres.
Rising reliance on grain for ethanol adds competing demand for maize and rice that could tighten supplies for feed users, while the lower maize price limits how much extra grain mills will absorb.
After 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.