fbpx
USD/BRL:
PT | EN | ES |

New biodiesel ANP auction trades 8.5 million liters

Posted by Marina

After 75 Auction ANP Complementary Biodiesel were sold 8.5 million liters of biodiesel to meet the mandatory mixture and no trimmings for mixing voluntary. All this volume was coming from producers holding the Social Fuel Seal. The average trading price was R $ 5,723 / L, regardless of the margin of the purchaser, and the total value traded reached the level of R $ 48,650,000, reflecting an average premium of 38.13% compared to the average considered the "Reference Maximum Prices" regional (R $ 4,144 / L).

Presentation Stage of offers to meet the mandatory mixture occurred in a single day (11.09.2020) with six producers providing a total volume of 9.5 million liters of biodiesel. Continuing the process of Biodiesel Auction, the first stage of selection of offers, held on 14.09.2020, were sold 8.5 million liters of biodiesel, this volume derived exclusively from producers holding the Social Fuel Seal, representing 100% volume offered by these producers and 89.47% of the total offered in the Auction.



In Step Restatement of deals held on 15.09.2020, there were unrealized trading. The process of submitting offers biodiesel plants and the selection by distributors for blending voluntary occurred on 09/16/2020. No offer was made and, accordingly, no negotiations take effect.

The Biodiesel auctions are designed to meet the Law No. 13,263, of March 23, 2016, and Resolution CNPE No 16 of October 29, 2018, to implement the development schedule of the mandatory addition of biodiesel to diesel oil sold to final consumers.

It is noteworthy that the 75th Supplementary Auction (L75C) aims to ensure the biodiesel supply in the domestic market during the period from 21 September to 31 October 2020, according to the criteria established in the Auction Notice Public No. 007/20-ANP .


Source: DATAGRO

READ TOO: