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Indian grain-based ethanol producers asked the government to revise procurement prices and supply rules for 2026/27 as corn prices rose 50% over the past year, from Rs 18 to Rs 27 per kg. The corn-based ethanol procurement price was cut to Rs 68.86 per litre, while cheaper rice and damaged-grain ethanol is gaining orders.
Higher Indian corn costs tighten domestic feed and ethanol supply, while cheaper rice-based ethanol may shift demand away from corn. The net effect is firmer Indian corn prices with pressure on corn ethanol plants.
ukragroconsult.comNov 4, 2026Not 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.
