Biodiesel

57th ANP biodiesel auction negotiates 760 million liters

T&B Petroleum/ANP Press Office
10/10/2017 16:35
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In the 57th ANP biodiesel auction, 759.935 million liters of biodiesel were collected, 99.7% of this volume coming from producers holding the Combustível Social seal. Of these, 759.590 million liters were for mandatory mixing. The average price was R $ 2,334 / L, excluding the Petrobras margin, and the total value traded reached R $ 1.77 billion, reflecting an average discount of 20.26% when compared to the reference maximum price (R $ 2,928 / L).

 

The presentation of the biodiesel offers took place in a single day (03/10), with 35 producers offering a total volume of 862.710 million liters, 99.5% of the producers holding the Combustível Social seal.

 

On the first day of the bids selection (05/10), 687,826 million liters of biodiesel were collected from exclusively producers that hold the Social Fuel label, around 79.7% of the total offered for the entire auction.

 

On the second day of the bids selection (06/10), 71.764 million liters of biodiesel from producers with or without the Social Fuel seal were collected, around 8.3% of the total offered at the auction.

 

The presentation and selection of biodiesel offers for voluntary mixing of diesel oil occurred on October 10, when 10 million liters were made available, with 95% of producers holding the Combustível Social seal. This volume represents 9.7% of the total unsold supply balance for mandatory addition purposes. 345 thousand liters of biodiesel were traded, representing 3.45% of the total offered at the auction.

 

Biodiesel auctions are intended to comply with Law 13.263, published in the Official Gazette (DOU) on 03/24/16, which establishes at 8% the minimum mandatory percentage of biodiesel added to the diesel oil sold to the final consumer (B8), within twelve months after the date of enactment of the Law.

 

The 57th Auction (L57) aims to guarantee the supply of biodiesel in the national market during the period from November 1 to December 31, 2017, in accordance with the directives of the Ministry of Mines and Energy Ordinance No. 476 of August 15, No. 576, of 11/11/2015, and criteria established in Public Bid Notice No. 005/17-ANP.

 

 

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