Brazilian biodiesel auction sources of 928.51 million liters at 58 cents/liter average

In Brazil, Renewables Now reports that the most recent ANP biodiesel auction saw a total of 928.51 million liters of biodiesel contracted at an average of 58 cents per liter for a total of $545 million. Nearly 40 producers offered more than 1 billion liters of biodiesel at the auction that will supply the B10 blending mandate for May and June. Of the total fuel offered, 99.73% had the social seal, meaning that feedstock was supplied from smallholder farmers.