Brazil’s ANP auction sees 760 million liters of biodiesel contracted at 73 cents

October 10, 2017 |

In Brazil, 760 million liters of biodiesel were contracted at the Brazilian Agency of Petroleum, Natural Gas and Biofuels’ most recent auction with a total value of $559 million at an average price of 73 cents per liter. A total of 35 companies offered 862.7 million liters for sale, 99.7% had the social fuel seal. The fuel contracted at the auction will be used to achieve the 8% blending mandate between November 1 and December 31.

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Category: Producer News

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