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India will likely cut its ethanol blend in petrol to about 15% this supply year from 20%, after the government barred ethanol made from sugarcane juice, syrup and B-heavy molasses and cut the maize ethanol price. Drought has pushed Indian corn, sugar and rice prices up sharply, and October edible oil imports reached a two-year high.
Less ethanol demand for maize and sugar, combined with a shift toward food use, tightens Indian feedstock availability and supports corn, sugar and rice prices, while higher edible oil imports lift vegetable oil demand.
news.procupy.comProcupy News DeskNov 4, 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.
Not enough comparable past events yet for a historical read.
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.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
