Diesel will have imported raw material in its composition

With the recent adoption of the resolution of the National Council of Energy Policy (CNPE), Brazil paves the way for the use of raw materials imported in biodiesel production. The focus is to attend public purchase auctions of the insum. The measure was published in the Official Gazette in the last Tuesday (17).

Thus, it was established that the National Agency of Petroleum, Natural Gas and Biofuels (ANP) may allow the use of imported raw material in auction notices, which was considered "of interest to national energy policy". It is worth remembering that THE ANP has temporarily reduced the percentage of mandatory biodiesel mixture in diesel at auction to soften the price increase this year.

In the more, the government decision came at the time when the Brazilian biodiesel sector deals with record soybean prices, after strong exports and domestic consumption of the commodity. At the end of October, the Brazilian Association Vegetable Oil Industries (Abiove) designed that biodiesel production brazil is expected to end 2020 with a total of 6.4 billion liters, an increase of 8.5% compared to 2019 and record level for one year.

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