India sugar mills to double ethanol supply as output jumps

MUMBAI (Reuters) - Indian sugar mills are set to more than double the supply of ethanol to fuel retailers for blending with gasoline in 2017/18, expecting a sharp rise in the local output of the sweetener, an industry body said on Wednesday.Ethanol manufactures and oil marketing companies finalised supply contracts for a record 1.

4 billion litres for the current year, compared with 665 million litres a year ago, the Indian Sugar Mills Association (ISMA) said in a statement.The government last month raised ethanol prices by 5 percent to 40.85.....

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