AreaBrazil
Commodity GroupBiofuels
CommodityBiodiesel
Date01/04/2021
Policy CategoryRenewable energy
Policy InstrumentBioenergy policies
DescriptionConfirmed that, from January 2022 onwards, the countrys biodiesel market would be gradually liberalized to guarantee the fuels supply and quality, while fostering free competition between market participants. The new trading model envisages a mix of the current public auctions system and trade in the spot market. In addition, imports of biodiesel would be allowed from January 2023.
NotesBRAZIL biofuel policies biodiesel trading: ANP, the authority responsible for regulating domestic biofuel production and trade, confirmed that the countrys biodiesel market would be gradually liberalized from January 2022 onwards to guarantee the fuels supply and quality, while fostering free competition between market participants (see also MPPU Nov.20). The new trading model would envisage a mix of the current public auction system and trade in the spot market. Furthermore, imports of biodiesel would be allowed from January 2023.
