ANP auction sells more than 70 million in biodiesel

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) held an auction this week, where it negotiated the sale of R$ 72.94 million liters of biodiesel. This was the agency's 74th fuel auction.

The average trading price was R$ 3.803 per liter, with a total negotiated value of R$ 277.4 million. In order to maintain the supply of biodiesel in the domestic market, the auctions are organized, due to the mandatory addition of its addition to diesel oil sold to the final consumer. In more, the 74th auction guarantees the supply during the period from 22 to 30 June this year.

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