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60% of the ethanol offered to OMCs this year is maize-based

Hindustan Times Nov 10, 2026 at 07:45 AM IST India
60% of the ethanol offered to OMCs this year is...

AI summary

Ethanol producers offered 19.32 billion litres for the 2026-27 supply year, with maize-based ethanol comprising 60% of the total. This volume exceeds the 11 billion litre tender requirement and implies significant diversion of maize from traditional agricultural uses.

Key takeaways

  • Maize-based ethanol accounts for nearly 60% of the total 19.32 billion litre offer.
  • The tender offer volume nearly matches India's confirmed distillation capacity.
  • Maize procurement prices decreased by three rupees per litre for the new year.
  • Diverting maize to ethanol may pressure poultry feed and other industries.
Read the original at Hindustan Times

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