President Jair Bolsonaro approved on Friday (17) a resolution of the National Energy Policy Council (CNPE) that establishes the mandatory blending content of biodiesel in fossil diesel oil at 10% for 2022. According to the Ministry of Mines and Energy (MME), the decision aims to protect the interests of consumers. The government expects that the percentage of the mandatory addition will avoid prices to rise about R$ 0.12 next year, considering that commodities prices are continually increasing in the foreign and domestic market, such as soy. Soy is the main raw material for Brazilian biodiesel, which has about 71% the oilseed in its composition. The rest comes from beef tallow and other oils. According to the MME, through legislation, CNPE can increase this content up to 15% or reduce it to 6%, depending on the public interest.
Sources: Agência Brasil/DATAGRO (*Translated by Ia Niani)