Disheartened sot with stories about alcohol (6)

I believe the answer is:

sterol

(Other definitions for sterol that I've seen before include "Waxy stuff" , "A solid higher alcohol" , "Chemical compound; ostler (anag.)" , "Ostler (anag) - natural alcohol" , "substance that doesn't dissolve" .)

I've seen this clue in The Times.

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