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26-09-2024 05:39 PM | Source: Reuters
India considering raising sugar and ethanol prices, minister says
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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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