Morningstar

Sugar Price Surge Linked to Market Sentiment, Not Ethanol Production, Says Industry Association

New Delhi, August 24: The recent rise in sugar prices has been attributed to market sentiment rather than ethanol production, according to the Grain Ethanol Manufacturers Association (GEMA). The association dismissed claims that the use of sugarcane for ethanol production is responsible for the price hike, stating that uncertainty surrounding the upcoming sugarcane crop is ... Read more Sugar Price Surge Linked to Market Sentiment, Not Ethanol Production, Says Industry Association