In Germany, UFOP views the prospects of European rapeseed cultivation as being acutely jeopardized. “The dumping imports from Argentina and Indonesia are becoming a question of survival for European rapeseed producers”, said the Chairman of UFOP, Wolfgang Vogel. The shutdowns and production cutbacks carried out by European biodiesel producers will continue to increase the pressure […]
In Argentina, with the US biodiesel almost entirely blocked to the imports, Reuters reports that 29,000 metric tons found their way to Canada in March instead—and for the first time ever. Bunge and Argentina’s AGD joint venture Ecofuel sold the biodiesel. The country could potentially buy as much as 200,000 tons of biodiesel this year […]
In Argentina, the government has raised yet again the price oil companies must pay for corn-based ethanol by 10.5% for March with another 7.96% expected for early April, reaching more than 64 cents per liter. Sugar-based ethanol prices will rise as well, though not as much, by 7.5% in March and another 3.54% in April, […]
In the Netherlands, Reuters reports that following the revision of anti-dumping duties on Argentine and Indonesian biodiesel imports into the European Union last year, biodiesel imports soared to 852,000 metric tons between August and January 2018. The sudden influx of supply has European producers worried that they’ll crush beneath the weight of imports and will […]
In Argentina, Reuters reports that Archer Daniels Midland may not be interested in Bunge’s sugar assets but it certainly wants the company’s four soybean crushing facilities with 18,000 metric tons of daily capacity, along with those in Brazil. A full year of losses for the world’s largest soybean crusher is seen as too difficult to […]
In Indonesia, the trade ministry is challenging the latest news from the U.S. on anti-dumping and countervailing duties on Indonesian biodiesel. The U.S. added more import duties on the already steep anti-subsidy duties on biodiesel from Argentina and Indonesia, essentially making it near impossible for biodiesel to enter the U.S. from either of those two […]
In Washington, Secretary of Commerce Wilbur Ross announced the affirmative final determinations in the antidumping duty (AD) investigations of imports of biodiesel from Argentina and Indonesia. ‘Today’s decision allows U.S. producers of biodiesel to receive relief from the market-distorting effects of foreign producers dumping into the domestic market,’ said Secretary Ross. ‘While the United States […]
In the UK, an investigation was announced in the Official Journal reference C34 on January 31, 2018, relating to imports of biodiesel originating in Argentina. The investigation must be concluded within 13 months, although it can be terminated earlier. A decision to impose provisional duties can be taken after a minimum of 60 days from […]
In Argentina, the president met with the US’s secretary of state to discuss a wide range of trade and diplomacy issues, including the anti-dumping duties lobbed on Argentine biodiesel exports to the US. Although other trade issues such as Argentine lemons, steel and even aluminum appear to have gotten some traction, the secretary of state […]
In Belgium, Reuters reports that as anticipated last week, the European Commission has gone ahead and launched an investigation into alleged subsidies provided by the Argentine government to boost biodiesel exports at prices that impede the competitiveness of the European biodiesel industry. Although anti-dumping tariffs against Argentine biodiesel imports were lowered in September, depending on […]
