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Modi Biotech, a subsidiary of Modi Naturals, began commercial operations at an expanded grain-based ethanol plant in Chhattisgarh. Installed capacity rose from 282 to 600 KLPD, with 318 KLPD of new ethanol and rectified spirit capacity.
Added grain-based ethanol capacity in India increases demand for corn and grain, and the co-product DDGS supply rises, though the effect is small at plant level.
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.