ANP auction sees 126.26 million gallons of biodiesel sold for Jan/Feb

In Brazil, ANP’s auction held on Thursday to purchase biodiesel supplying the country’s B5 mandate saw 126.26 million gallons bought for January and February. The average price was 89.6 cents per liter, more than 6% higher than during the September/October auction but still 12% lower than the reference price. Of the biodiesel offered at auction, 99.5% complied with the social seal program.