Brazilian biodiesel tender sells 671.3 million liters at 18% below average price

In Brazil, ANP’s biodiesel tender on March 27 saw 671.3 million liters sold of which 99.7% had the social seal attached, signifying that feedstock was supplied by family farmers. The average price was 65 cents per liter, down more than 18% from the cumulative average of 80 cents per liter. A total of 824.6 million liters were offered for sale at the tender from 37 different producers.