ANP auction sees 657.8 million liters sold with 100% social seal

In Brazil, the ANP’s most recent biodiesel tender saw 657.8 million liters of biodiesel sold at an average price of 64 cents per liter for supply during November and December. Nearly 70% of the volume was negotiated on the first day of the auction with 100% of the total volume sold holding the social seal that demonstrates producers sourced feedstock from family farmers. Of the total offered at the auction, 827.787 million liters were offered with 99.93% holding the social seal.