In Brazil, the ANP’s bimonthly biodiesel auction held on Friday saw 463.8 million liters sold to supply the country’s B5 blending mandate. A total of 735.2 million liters were offered at auction with more than 98% of it complying with the social seal standard even though only a minimum of 80% of the volume had to comply with the standard. The average price was BRL1.88 per liter, 23% lower than the reference price.
Category: Fuels
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