Biodiesel

56th ANP Biodiesel Auction negotiates 796 million liters

T&B Petroleum/ANP Press Office
15/08/2017 21:10
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At the 56th ANP Biodiesel Auction, 796.047 million liters of biodiesel were collected, 99.8% of this volume coming from producers holding the Combustível Social seal. Of these, 796.002 million liters were for mandatory mixing. The average price was R $ 2,317 / L, excluding the Petrobras margin, and the total value traded reached the level of R $ 1.84 billion, reflecting an average discount of 18.20% when compared to the maximum reference price Average (R $ 2,833 / L).

 

The presentation of the biodiesel offers took place in a single day (08/08), with 33 producers offering a total volume of 878.377 million liters, with 99.61% of producers holding the Combustível Social seal.

 

On the first day of the bids selection (11/08), 698.474 million liters of biodiesel were collected from exclusively producers that hold the Social Fuel label, around 79.5% of the total offered for the entire auction.

 

On the second day of bid selection (August 14), 97.5 million liters of biodiesel from producers with or without the Social Fuel seal were collected, around 11.1% of the total offered at the auction.

 

The presentation and selection of bids for biodiesel to voluntarily mix diesel oil took place on August 15, where 6.840 million liters were made available, with 95% of producers holding the Combustível Social seal. This volume represents 8.3% of the total unsold supply balance for mandatory addition purposes. 45 thousand liters of biodiesel were traded, representing 0.05% of the total offered in the auction.

 

Biodiesel Auctions are intended to comply with Law 13.033, published in the DOU on 9/24/14, which establishes at 7% the minimum mandatory percentage of addition of biodiesel to the diesel fuel sold to the final consumer (B7), As of 11/11/14.

 

The 56th Auction (L56) aims to guarantee the supply of biodiesel in the national market during the period from September 1 to October 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. 004/17-ANP.

 

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

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