Loading…
Indian oil marketing companies received ethanol supply bids of 1.93 billion litres for the 2026-27 supply year, well above the 1.1 billion litres tendered. About 59 percent of the offered volume is expected to come from maize, with damaged and surplus foodgrains supplying most of the rest.
Heavy bid coverage signals ample Indian feedstock and strong maize demand for ethanol, supporting domestic corn and grain use. Abundant surplus grain for ethanol may ease pressure on food grain prices in India.
business-standard.comSanjeeb MukherjeeNov 5, 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.
