Brazil raises biodiesel requirement in diesel blend

miércoles 28 de mayo de 2014 09:19 GYT
 

BRASILIA May 28 (Reuters) - Brazil will increase the minimum amount of biodiesel that must be blended into diesel to 6 percent in July and to 7 percent in November from the current 5 percent, the government announced on Wednesday.

The increase is aimed at decreasing Brazil's diesel fuel imports and giving farmers an incentive to grow more soybeans and other oilseeds such as castor beans used to make the fuel. (Reporting by Anthony Boadle, Editing by Franklin Paul)