Rise in ethanol usage likely to result in fall of sugar output in India

According to the Indian sugar mills association (ISMA), India’s sugar output is forecast to decline in 2022-2023 as a higher volume of sugarcane is diverted to ethanol production even as cane production rises with increased planting acreage. Increased diversion of domestically-produced sugarcane and ethanol towards on-road gasoline blending, as India pursues a 20% average blend