Brazilian biodiesel auction sees less fuel sold at lower prices than previously

In Brazil, Reuters reports that the most recent biodiesel auction held by the ANP saw nearly 915 million liters of biodiesel sold, down from nearly 965 million liters during the prior auction. The average price for biodiesel sold fell as well to under 68 cents per liter compared to 72 cents last time. In total, nearly 1.05 billion liters of biodiesel was offered for sale by 38 producers of which 98.95% had the social seal. The biodiesel sold is for use in the 10% blending mandate during January and February.