In Argentina, Infobae reported that the Argentine government increased domestic prices of biodiesel for blending with diesel.
The Ministry of Economy’s energy secretariat set the price of biodiesel for May at 307,226 Argentine pesos ($1,349) per ton, up from 294,430 pesos previously, the government said.
The new prices are effective immediately.
Biofuel prices are periodically updated by the government to remain competitive in the domestic market. Argentina is one of the world’s largest producers of biofuels.
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