# Oil companies receive bids for 1.93 bn litres of ethanol in latest tender

> 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.

- Date: 2026-11-05 · published 2026-11-05T21:06:08.186Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/82361-oil-companies-receive-bids-for-1-93-bn-litres-of-ethanol-in-latest-tender
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-27 | [New rules for companies under the European Parliament's ambitious version of the proposal against deforestation - Etifor](https://feedsoft.ai/events/39168-new-rules-for-companies-under-the-european-parliament-s-ambitious-version-of.md) | -2.0% | -2.6% |
| CORN | 2019-03-28 | [New record for U.S. ethanol production and exports in 2018 and an update on Iowa’s ethanol industry](https://feedsoft.ai/events/60116-new-record-for-u-s-ethanol-production-and-exports-in-2018-and-an-update-on-iowa.md) | -2.6% | -4.6% |
| CORN | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -2.0% | -2.3% |
| CORN | 2025-09-26 | [Biofuel Policies Are Likely to Drive Future Demand for U.S. Corn and Soybeans
        
        
        
        - Federal Reserve Bank of Kansas City](https://feedsoft.ai/events/15086-biofuel-policies-are-likely-to-drive-future-demand-for-u-s-corn-and-soybeans.md) | -1.9% | -1.3% |
| CORN | 2025-06-26 | [India’s oilseed output may fall as farmers shift to maize for ethanol - The Economic Times](https://feedsoft.ai/events/24316-india-s-oilseed-output-may-fall-as-farmers-shift-to-maize-for-ethanol-the.md) | +4.6% | -1.5% |

## Sources

- business-standard.com: https://www.business-standard.com/industry/agriculture/oil-companies-receive-bids-for-1-93-bn-litres-of-ethanol-in-latest-tender-126110501996_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.