Tag: Argentina

Argentina’s biodiesel exports broke record in 2017 but 2018 looks rough

Argentina’s biodiesel exports broke record in 2017 but 2018 looks rough

January 9, 2018 |

In Argentina, despite challenges in the biodiesel export market with the US and European Union, the country still managed to break its export record in 2017 at 1.68 million metric tons, according to data from Centro de Estudios del Sistema Agroalimentario (Ceagro) at the Universidad Nacional de Lomas de Zamora. However, more than 1 million […]

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Carbio wants government to take US to WTO over biodiesel AD duties

Carbio wants government to take US to WTO over biodiesel AD duties

January 8, 2018 |

In Argentina, Carbio wants the government to take the US to the World Trade Organization and demand a reversal of the anti-dumping duties of up to 72.28% lobbed on their biodiesel that has all but closed off that market to them in no time flat. On the back of winning a similar case against the […]

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France requires 60pc GHG from ex-EU biodiesel imports

France requires 60pc GHG from ex-EU biodiesel imports

January 7, 2018 |

In the United Kingdom, Argus Media reports that French biodiesel imports from outside the EU must have a minimum 60pc greenhouse gas savings value from 1 January — a measure that could have considerable impact on trade flows from Argentina. The law, thought to be an attempt to protect French biodiesel production from swelling Argentinian […]

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Grain workers strike impacts soybeans

Grain workers strike impacts soybeans

December 31, 2017 |

In Argentina, grains workers started a 48-hour strike in the city of Rosario, Argentina’s busiest port where 80% of Argentina’s agricultural exports are sent from on cargo ships headed to the shipping highways and byways of the South Atlantic. As the largest exporter of soymeal livestock feed and major supplier of corn and raw soybeans, […]

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Argentine biodiesel export tax could support EU prices

Argentine biodiesel export tax could support EU prices

December 14, 2017 |

In Argentina, Platts expects European biodiesel prices to be supported by the new 8% export tariff lobbed onto Argentine biodiesel exports following significant supply pressure as a result of a return to imports into Europe. The new import tax expected for January 1 could boost FAME-0 prices sufficiently that imports become unviable or that inbound […]

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Argentine biodiesel imports into Europe pressure prices heavily

Argentine biodiesel imports into Europe pressure prices heavily

December 12, 2017 |

In the Netherlands, Platts is reporting that recent arrivals of Argentina biodiesel into Rotterdam have weighed on FAME-0 biodiesel prices sufficiently to bring the premium against gasoil futures down to 31-month lows at $246.25 while FAME-0 outright prices are down at 21-month lows of $811.25/mt FOB ARA. Platts data showed the additional supplies and weaker […]

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Drought dries out corn and soy profits, raises prices

Drought dries out corn and soy profits, raises prices

December 8, 2017 |

In Argentina, a drought that started on September 21 continues to wreak havoc on late-season soy and corn plantings as well as existing, growing crops. Prices on soybean and soymeal reached their highest levels since July because of the Argentina drought, especially since it is the top global supplier of soymeal livestock feed and soy […]

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Argentine Q3 biodiesel exports slip 30% due to US anti-dumping duties

Argentine Q3 biodiesel exports slip 30% due to US anti-dumping duties

November 29, 2017 |

In Argentina, biodiesel exports fell during 30% during Q3 to 353,034 metric tons on the back of US anti-dumping tariffs that quickly saw biodiesel diverted to other markets. Up until Q3, biodiesel exports had been up 26% on the year at 741,485 tons but the anti-dumping tariffs of up to 72% were announced in late […]

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Argentina backtracks on ethanol price cuts after farmers complained

Argentina backtracks on ethanol price cuts after farmers complained

November 22, 2017 |

In Argentina, although the government significantly cut ethanol prices earlier this month, it has backtracked on those cuts to 7.5% for sugarcane-based ethanol from a previous cut of 15% and 10.5% from a 21.1% cut on corn-based ethanol. Ethanol producers complained about the drastic price cuts and demonstrated additional cost factors that had not been […]

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Department of Commerce confirms final anti-dumping duties on Argentine and Indonesian biodiesel

Department of Commerce confirms final anti-dumping duties on Argentine and Indonesian biodiesel

November 9, 2017 |

In Washington, the U.S. Secretary of Commerce Wilbur Ross announced the affirmative final determinations in the countervailing duty (CVD) investigations of imports of biodiesel from Argentina and Indonesia. Commerce determined that Argentina and Indonesia are providing unfair subsidies to its producers of biodiesel at rates from 71.45 to 72.28 percent and 34.45 to 64.73 percent, […]

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