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CCEA Increases Basic Ethanol Prices
The Cabinet Committee on Economic Affairs (CCEA) has increased the basic price of ethanol produced from B-grade molasses by Rs. 1.84/ litre (or 3.5 per cent) while largely maintaining the ethanol price produced from C-heavy molasses and direct sugarcane juice for the procurement season 2019-20 (starting December 2019). The CCEA decision implies that the oil marketing companies will procure ethanol
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