India considering raising sugar, ethanol prices, says minister

The South Asian country is the world's biggest sugar producer after Brazil

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Photo: Reuters

By Reuters

Published: Thu 26 Sep 2024, 6:36 PM

India is considering raising domestic prices of ethanol and sugar, the food minister said on Thursday, as the country seeks to boost local supplies.

Reuters reported this month that India, the world's biggest sugar producer after Brazil, was planning to extend a sugar export ban and raise the price at which oil companies buy ethanol from sugar mills.

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Reuters

Published: Thu 26 Sep 2024, 6:36 PM

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