Brazilian biodiesel auction sells $1.1B worth of fuel at $1.06/liter

In Brazil, Renewables Now reports the most recent ANP biodiesel auction saw 1.073 billion liters of biodiesel sold at an average price of $1.06 per liter. Some 44 biodiesel producers offered 1.37 billion liters of ethanol at the five-day auction but the volume that had the small producers seal attached was not reported. The $1.1 billion worth of biodiesel contracted during the auction will be used for blending between November 1 and December 31, 2021.