Why did Ethanol stocks jump despite market decline?

Despite a 2 percent market decline amid West Asia tensions and rising crude, ethanol-linked sugar stocks surged up to 19 percent. Higher oil prices improve ethanol economics, global sugar supply concerns, E20 rollout, and expected ethanol price revisions boosted investor optimism, benefiting companies like Balrampur, Dhampur, Shree Renuka, and Ugar Sugar Works.