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via thehindubusinessline.comMarkets

India sugar stocks slide as government halts sugarcane-based ethanol diversion

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Indian sugar stocks drop after govt halts sugarcane-based ethanol diversion, excluding juice/syrup/molasses–driving lower margins for mills.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHalting cane-based ethanol diversion cuts expected margins for Indian sugar mills.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Indian government halted sugarcane-based ethanol diversion.
  2. 02The halt excludes juice, syrup and molasses.
  3. 03Indian sugar stocks are sliding.

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