Sugar scrips spurt on ethanol price deal

  • 01/07/2005

  • Business Standard (New Delhi)

Frontline sugar sector stocks closed 2 to 5 per cent higher following the resolution of a price deadlock between oil marketing companies and sugar manufacturers. Sugar firms have decided to supply ethanol at Rs 18.75 a litre to oil marketers. Jigar Shah, vice president KR Choksey Shares and Securities said