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Investing.com -- Argentina’s government has increased biofuel prices for the domestic market, according to two resolutions published in the official gazette on Monday.
The energy secretariat established a new minimum price for sugarcane-based bioethanol at 824,044 pesos per liter ($0.62), representing an increase from the previous price of 800,043 pesos.
For corn-based bioethanol, the minimum price was raised to 755,258 pesos per liter ($0.57), up from the earlier price of 733,260 pesos.
The government also adjusted the price of biodiesel intended for mandatory blending with diesel, setting a new minimum of 1,354,507 pesos per ton ($1.021), an increase from the previous 1,302,411 pesos.
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