Sugar stocks jump up to 15% after govt allows mills to divert sugar for ethanol

Sugar stocks jump up to 15% after govt allows mills to divert sugar for ethanol

The sugar sector surged over 15% on Monday after media reports said that the government has decided to allow sugar mills to divert up to 1.7 million metric tons of sugar for ethanol production. The move comes on the back of curbs on the diversion of sugar for ethanol production as part of efforts to … Read more