Biodiesel

ANP: 73th Complementary Biodiesel Auction negotiates 72.75 million liters

T&B Petroleum/Press Office ANP
23/07/2020 22:31
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In the 73rd ANP Complementary Biodiesel Auction, 72,750,000 liters of biodiesel were purchased to meet the mandatory mixture. There were no finishes for voluntary mixing. Of this volume, 94.50% comes from producers holding the Combustível seal. The average trading price was R$ 4,578 / L, excluding the acquirer's margin, and the total amount traded reached R$ 333.05 million, reflecting an average premium of 4.84% when compared to the average weighted regional "Maximum Reference Prices" (R$ 4.367 / L).

 

The stage of Presentation of the Offers to attend to the mandatory mixture occurred in a single day (07/03/2020), with 24 producers, providing a total volume of 75.450.000 liters of biodiesel. As a continuation of the Biodiesel Auction process, 68,750,000 liters of biodiesel were purchased in the first stage of Selection of the offers held on July 6 and 7, 2020. This volume came exclusively from Producers holding the Social Fuel Seal, representing 91 , 12% of the total offered in the Auction.

 

In the Offer Restatement Stage, held on 07/08/2020, 4,000,000 liters of biodiesel were purchased from producers with or without a Social Fuel Seal, representing around 5.30% of the total offered in the Auction.

 

The process of presenting biodiesel offers by the plants and selection by the distributors for voluntary mixing took place on 07/09/2020. 700,000 liters were made available from a producer not holding the Social Fuel Seal, a volume that represented 0.93% of the total unsold offer balance for mandatory addition purposes. At this stage, there was no negotiation.

 

The Biodiesel Auctions are intended to comply with Law No. 13,263, of March 23, 2016, and Resolution No. 16, of October 29, 2018, for implementing the evolution schedule of mandatory addition of biodiesel to oil diesel sold to the final consumer.

 

It should be noted that the 73rd Complementary Auction (L73C) aims to guarantee the supply of biodiesel in the national market during the period from August 1 to August 31, 2020, according to the criteria established in Public Auction Notice No. 005/20 -ANP.

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