{"id":392365,"date":"2020-12-30T11:30:55","date_gmt":"2020-12-30T06:00:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=392365"},"modified":"2020-12-30T12:18:54","modified_gmt":"2020-12-30T06:48:54","slug":"export-subsidy-rise-in-ethanol-price-to-increase-operating-margin-of-sugar-mills-in-fy21-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/export-subsidy-rise-in-ethanol-price-to-increase-operating-margin-of-sugar-mills-in-fy21-report\/","title":{"rendered":"Export subsidy, rise in ethanol price to increase operating margin of sugar mills in FY21: Report"},"content":{"rendered":"<p>The export subsidy of Rs 3,500 crore, recently announced by the government for sugar season 2020-21 (SS21), stable domestic demand and rise in ethanol price are likely to increase the operating margin of sugar mills to 10.5-11.5 per cent this financial year, according to a report. <\/p>\n<p>The export subsidy, announced by the government for October-September SS21, will help sustain the commodity\u2019s exports at almost last year\u2019s level, Crisil Ratings said in a report. <\/p>\n<p>This, together with stable domestic demand, higher contribution from ethanol due to higher cane diversion for ethanol production and increased ethanol price, will lead to a 100-200 basis points (bps) increase in the operating margin of sugar mills to 10.5-11.5 per cent this fiscal, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The export subsidy of Rs 3,500 crore, recently announced by the government for sugar season 2020-21 (SS21), stable domestic demand and rise in ethanol price are likely to increase the operating margin of sugar mills to 10.5-11.5 per cent this financial year, according to a report. The export subsidy, announced by the government for October-September SS21, will help sustain the commodity\u2019s exports at almost last year\u2019s level, Crisil Ratings said in a report. This, together with stable domestic demand, higher contribution from ethanol due to higher cane diversion for ethanol production and increased ethanol price, will lead to a 100-200 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-392365","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=392365"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392365\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=392365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=392365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=392365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}