Brazilian biodiesel producers supply 463.8 million liters at ANP auction

In Brazil, the ANP’s bimonthly biodiesel auction held on Friday saw 463.8 million liters sold to supply the country’s B5 blending mandate. A total of 735.2 million liters were offered at auction with more than 98% of it complying with the social seal standard even though only a minimum of 80% of the volume had to comply with the standard. The average price was BRL1.88 per liter, 23% lower than the reference price.