Brazil’s ANP sees 977.5 million liters of biodiesel sold at latest auction

In Brazil, RenewablesNow reports that the national oil agency ANP facilitated the sale of 977.5 million liters of biodiesel valued at $608.5 million at its most recent auction. The average price was near 63 cents per liter. Nearly all of the 1.12 billion liters of fuel offered by 40 producers carried the social seal indicating that feedstock was sourced from small family farmers. The fuel will be used between March 1 and April 30 for the 10% biodiesel blending mandate.