LEGALBackground
Ethanol glut warning as biofuel subsidies end Sept 24
The Thai Tapioca Planter Association and the Northeastern Sugarcane Farmers Institute warn that the upcoming expiration of biofuel price subsidies on Sept 24 could result in an ethanol glut, potentially narrowing the price gap between E20 and gasoline. This could reduce consumer incentive to choose biofuels and hurt demand for tapioca and sugarcane, key cash crops for farmers.
Context — no action needed.