Biodiesel: auction of ANP 760 million litres covers

The national agency of petroleum, gas and Biofuels (ANP) held 55° your biodiesel auction, at the start of June. At the time, were seized 760,300,000 liters of biodiesel, with 99.95% of this volume comes from producers holding the Social fuel seal. The average price was r $2,255/L, regardless of the margin, and the total value traded reached R $1.71 billion, reflecting a discount of average 79.8% when compared with the maximum average reference price (R $2,827/L).

Biodiesel auctions are intended to meet the provisions of law No. 13,033, published in the in 24/09/14, establishing in 8% the minimum compulsory percentage of biodiesel addition to diesel fuel sold to the final consumer (B8), from 01/03/17. The 55 auction (L55) aims to ensure the biodiesel supply in the domestic market during the period from 01 July to 31 August 2017.

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