{"id":419550,"date":"2021-06-10T09:02:30","date_gmt":"2021-06-10T03:32:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=419550"},"modified":"2021-06-10T09:48:53","modified_gmt":"2021-06-10T04:18:53","slug":"exports-ethanol-boost-to-increase-sugar-mill-margins-up-to-100-bps-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exports-ethanol-boost-to-increase-sugar-mill-margins-up-to-100-bps-report\/","title":{"rendered":"Exports, ethanol boost to increase sugar mill margins up to 100 bps: Report"},"content":{"rendered":"<p>Profitability of integrated sugar mills is likely to go up by 75-100 basis points (bps) this financial year due to high exports for the second consecutive season and increased supplies of ethanol for blending with petrol, according to a report.<\/p>\n<p>High exports for the second sugar season (October -September) in a row, coupled with increased supplies of ethanol for blending with petrol will improve the operating profitability of integrated sugar mills by 75-100 bps to 13-14 per cent this fiscal, according to a Crisil Ratings report. <\/p>\n<p>Also, the recent announcement by the government to advance the ethanol-petrol blending target of 20 per cent by two years to 2023, could help sustain this momentum over the medium term, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profitability of integrated sugar mills is likely to go up by 75-100 basis points (bps) this financial year due to high exports for the second consecutive season and increased supplies of ethanol for blending with petrol, according to a report. High exports for the second sugar season (October -September) in a row, coupled with increased supplies of ethanol for blending with petrol will improve the operating profitability of integrated sugar mills by 75-100 bps to 13-14 per cent this fiscal, according to a Crisil Ratings report. Also, the recent announcement by the government to advance the ethanol-petrol blending target of [&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":[135,130,169],"tags":[],"class_list":["post-419550","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419550","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=419550"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419550\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=419550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=419550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=419550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}