Ethanol producers in the Indian state of Maharashtra have pledged to commit 50% of their alcohol stocks to ethanol production, a bid to ensure that they can meet the 5% ethanol-blending mandate for gasoline, said Vijaysinh Mohite-Patil, president of the Ethanol Manufacturers Association. "This is necessary, especially in view of past experience, wherein due to less crushing of sugarcane, ethanol prices remained stable, while prices of alcohol and molasses increased. This resulted in diversion of alcohol for exports," Mohite-Patil said.

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