Yesterday, finished the first day of bidding by distribution of fuel were sold 390.7 million liters in the 36th Biodiesel Auction of Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP). The volume sold yesterday will be provided by producers , only holders of the Social Fuel Seal (54.7% in the Midwest, 36.7% in the South, 5.6 % in the Northeast, 2.3 % and 0.7% Southeast North). On Monday, biodiesel producers have registered their bids for the auction by Petronect Portal . The total volume delivered was 735.2 million liters of biodiesel.

Even on the first day, finished bidding, biodiesel producers could review their offerings to maintain or reduce their prices to the competition on the second day of bidding, which will today. These new offerings reflected in a discount of 1.80% when compared to the price initially. On the second day, there will be participation of producers of biodiesel or not holders of the Social Fuel Seal and the maximum volume to be auctioned by the distributors can not be more than 97.6 million liters, ensuring that 80% of the total volume is received from producers with Seal Social fuel . In order to participate in the second day distributors that offers rounded off the first day of bidding.

The L36 will be completed today and the results will be subject to approval by the board of ANP.