Brazil starts 79th biodiesel auction after lowering obligatory blending mandate to 10%

HOUSTON (ICIS)–Brazil started its 79th biodiesel auction on Wednesday after the Brazilian National Agency of Petroleum, Natural Gas and Biofuel (ANP) temporarily suspended it on 6 April amid elevated biodiesel prices in the country.

The auction is expected to finish by the end of the week.

 

By Lucas Hall via ICIS

 

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