Despite the market deterioration, these sugar stocks soared and were in a sweet spot on Friday! Here's why! Despite the market deterioration, these sugar stocks soared and were in a sweet spot on Friday! Here's why! India's determination to promote biofuel use has resulted in a tremendous growth in ethanol output during the previous five years, which is still on-going. Mandar Wagh / Saturday, December 17, 2022 / Article rating: 4.8 India's determination to promote biofuel use has resulted in a tremendous growth in ethanol output during the previous five years, which is still on-going.