European biodiesel market preparing for onslaught of summer imports

In the Netherlands, Platts reports that the European biodiesel market is concerned what will happen to prices this summer when imports from Argentina and Indonesia resume, pushing down prices significantly. Prices are expected to come down far enough that it will force some producers to shut down until the market rebalances. Currently, rapeseed-based biodiesel prices are supported by reduced production and steady demand but the margins strengthened by those prices aren’t likely to last long.