Brazil sells 796 million liters of biodiesel at most recent auction

In Brazil, 796 million liters of biodiesel were contracted at the most recent ANP biodiesel auction held recently to supply the B8 mandate during September and October. A total of 33 producers offered 878.3 million liters at the auction, while 99.61% of the sold fuel held the social seal to ensure participation of family farmers. The average price was 73 cents per liter while a total of $583.8 million worth of fuel was auctioned during the two days.