India puts food before fuel as El Niño dents ethanol ambitions

AI Summary

Poor monsoon rains and rising food prices are threatening India's ethanol feedstock supply, putting its blending ambitions at risk. Ethanol blending could fall to 15 percent, increasing reliance on imported oil.

Poor monsoon rains and rising food prices are threatening feedstock supplies, potentially pushing ethanol blending down to 15 percent and increasing India’s reliance on imported oil.