
India’s All India Distillers’ Association said it had received no direction from oil marketing companies to supply ethanol for blending above the prescribed E20 limit. Its comments came amid a dispute in Karnataka over claims that some petrol samples contained higher ethanol levels.
The absence of plans to exceed the E20 cap limits the prospect of additional ethanol demand from fuel blending, which may constrain upside for ethanol producers and grain-based feedstock demand.
Not enough comparable past events yet for a historical read.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.