The ANP (national Agency for petroleum, Natural Gas and Biofuels) announced on tuesday, October 9th, that it invested R $2.71 billion in its 63 ° auction and negotiated approximately 964.8 million liters of Biodiesel.
The price per litre of fuel is around R $2.814, thus raising the quotation to 15.4% more than previously Agreed. For the agency, the total value of the negotiation was R $2.71, a depreciation of 11% compared to the maximum reference price.
In brazil, Diesel is marketed in posts with a mixture of 10% biodiesel. The company sees this auction as a way to meet the market in the period of November and December and in this way mitigate the Losses.
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