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Latest Brazilian biodiesel auction sources 928.2 million liters at an average 71 cents per liter

April 11, 2018 |

In Brazil, the most recent biodiesel auction held on Tuesday to supply the domestic B10 mandate during May and June sold 928.2 million liters from more than 1 billion liters offered by 38 producers. Of the total volume offered for sale, 99.4% carried the social seal. Total income generated at the auction held by the Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP) was $660.4 million at an average of 71 cents per liter. Nearly 80% of the volume contracted was sold during the first of the auction’s two days.

Category: Fuels

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