At the 55th ANP Biodiesel Auction, 760.3 million liters of biodiesel were collected, 99.95% of this volume coming from producers holding the Combustível Social seal. The average price was R $ 2.255 / L, without considering the Petrobras margin, and the total value traded reached the level of R $ 1.71 billion, reflecting an average discount of 79.8% when compared to the reference maximum price (R $ 2,827 / L).

The presentation of biodiesel offers occurred in a single day (06/06), with 34 producers offering a total volume of 856.897 million liters, with 94% of producers holding the Combustível Social label.

On the first day of the selection of bids (08/06), 664.9 million liters of biodiesel were collected from producers of the Combustible Social seal, around 77.6% of the total offered for the entire auction.

On the second day of the selection of bids (09/06), 95.2 million liters of biodiesel from producers with or without the Social Fuel seal were bought, around 11.1% of the total offered at the auction.

The presentation and selection of offers of biodiesel for voluntary mixing of diesel oil took place on 12/06, where 4,355 million liters were made available, with 67.85% of producers holding the Combustível Social seal. This volume represents 4.50% of the total unsold offer balance for mandatory addition purposes. The volume sold for the voluntary blend was 45 thousand liters, traded at an average price of R $ 2,450 / L, without considering the Petrobras margin, reflecting an average discount of 88.3% when compared to the average maximum reference price (R $ 2.775 / L).

Biodiesel Auctions are intended to comply with Law 13.033, published in the DOU on 09/24/14, which establishes at 8% the minimum mandatory percentage of addition of biodiesel to the diesel fuel sold to the final consumer (B8), As of 01/03/17.

The 55th Auction (L55) aims to guarantee the supply of biodiesel in the national market during the period from July 1 to August 31, 2017, in accordance with the directives of the Ministry of Mines and Energy Ordinance No. 476 of August 15, No. 576, dated 11/11/2015, and criteria established in Public Bid Notice No. 003/17-ANP.

The volumes traded will only be validated after approval by the ANP board.