The Brazilian Stock Exchange and Datagro have just announced a joint venture to implement a modern platform for trading biodiesel, and other products, such as DDG (dried distillers’ grains), DDGs (soluble), sugarcane bagasse, ethanol, and environmental assets. “As a Commodity Exchange, our goal is to provide a safe and transparent atmosphere in terms of pricing these products which will be very important as a free market from now on, especially biodiesel”, said Cesar Henrique Bernardes Costa, general director of BBM, an entity with tradition in electronic platforms. The BBMDatagro platform offers an innovative environment for controlling and registering systems for trading in spot and forward markets, bringing more efficiency to this important sector of the Brazilian fuel matrix. The BBMDatagro platform goes into operation in early December 2021.
Sources: Bolsa Brasileira de Mercadorias/Noticias Agricolas (*Translated by Ia Niani)