Argentina lobs 8% export tax on biodiesel exports

December 13, 2017 |

In Argentina, Reuters reports that biodiesel exports will face an 8% tax beginning next year in an effort to keep more of the fuel home and bring it into balance with the 27% export tax already lobbed on soy oil. Argentine biodiesel exporters received relief earlier this year when the EU opened back up its market by lowered the import duty while the US went the opposite direction by tacking on an even higher import duty than the Europeans originally had.

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