Argentina raises biodiesel price to $635.5 per ton for April

April 8, 2019 |

In Argentina, Reuters reports that the government has increased the price oil companies must pay biodiesel producers again, this time to $653.5 per metric ton and is retroactive to sales made since April 1. The country’s biodiesel mandate is set at 10% and the government adjusts the price monthly based on the prevailing price of soybean oil feedstock. It also manipulates taxes and export tariffs on soy and soy products to ensure sufficient volumes of biodiesel are available for the blend.

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Category: Producer News

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