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by Gabriel Araújo (NASDAQ/Reuters) The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year’s target of 13% in a bid to rein in fuel inflation amid high soybean prices. About 70% of Brazil’s biodiesel is produced from soy oil, prices of which have risen owing to strong demand and tight supply of soybeans. “The Brazilian biodiesel industry is entirely prepared for delivering the 13% mixture,” Daniel Amaral, chief economist at Brazilian oilseeds lobby Abiove, said in a statement on Tuesday. “Yet raising the blend to 12% is already a positive development as it stimulates soy processing and grain use in Brazil.” ....
Brazil raises mandatory biodiesel blend to 12%, below expectations The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year’s target of 13% in a bid to rein in fuel inflation amid high soybean prices. About 70% of Brazil’s biodiesel is produced from soy oil, prices of which have risen owing to strong demand and tight supply of soybeans. “The Brazilian biodiesel industry is entirely prepared for delivering the 13% mixture,” Daniel Amaral, chief economist at Brazilian oilseeds lobby Abiove, said in a statement on Tuesday. “Yet raising the blend to 12% is already a positive development as it stimulates soy processing and grain use in Brazil.” ....
Brazil raises mandatory biodiesel blend to 12%, below expectations reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
The Brazilian government will send the first doses of COVID-19 shots to immunize Santos port workers, with vaccinations slated to begin this week at Latin America’s largest port, according to a statement from maritime agent Williams. Williams said Infrastructure Ministry Tarcísio de Freitas made a public commitment to vaccinate the workers, citing an audio message . ....
SAO PAULO, May 26 (Reuters) - The Brazilian government will send the first doses of COVID-19 shots to immunize Santos port workers, with vaccinations slated to begin this week at Latin America's largest port, according to a statement from maritime agent Williams on Wednesday.Williams said Infrastructure Ministry Tarcísio de Freitas made a public commitment to vaccinate the ....