In Argentina, the government nearly tripled its export tax on biodiesel for April, shooting up to 13.2% compared to 5% in March. The industry celebrated the lower tax in March that was lower than the 8.9% in February, expecting low taxes to remain a trend to help support the fuel’s competition against falling fossil fuel […]
In Argentina, biodiesel exports are expected to halve during 2015 to just 800,000 metric tons as export markets dry up due to low fossil fuel prices internationally and ongoing trade challenges. Roughly 97,000 tons were exported during the first trimester of 2015, down 57.5% from the same period last year when 200,000 tons were exported.
In Argentina, Q1 biodiesel exports plunged to under 93,000 metric tons, the lowest quarterly figure reported by CARBIO producers since the mid-2000s. Biodiesel exports during Q1 2014 were 211,986 tons. Despite anti-dumping duties on Argentine imports in the European Union, higher oil prices saw fuel retailers blending biodiesel regularly in 2014 but lower prices in […]
In Argentina, the country’s power regulator is seeking biodiesel for use in electricity generation to replace diesel. The tender is open until May 19. The national blending mandate was boosted to 10% last year from the current 8%.
In Argentina, the government has retroactively cut biodiesel export taxes for March to 5% from 8.9% to help offset losses from lower exports to Europe. As tax rates are decided retroactively, producers say making the decision to export or not is made more difficult. It’s not clear if the cut will remain in effect for […]
In Argentina, CARBIO members’ biodiesel exports fell 57% during Q1 at just 90,587 metric tons due to falling energy prices globally and the related spread with soy oil known as the BO-GO factor. In ethanol, the country’s producers are trying to push the government to boost the national blend to 12% from the current 10% […]
In Argentina, the Energy Secretariat cut the price oil companies pay for sugarcane-based ethanol by 0.9% compared to February to 97 cents per liter while corn ethanol prices were cut by 5% to 80 cents per liter. Ethanol production reached 533,978 metric tons in 2014, up 43% on the year. The country boosted its ethanol […]
In Argentine, biodiesel exports jumped 40% during 2014 to 1.6 million metric tons, up from 1.15 million tons in 2013. At the same time, domestic biodiesel production increased nearly 30% in 2014 to 2.58 million tons. Meanwhile, ethanol production jumped nearly 43% in 2014 533,978 tons, nearly all of which went towards satisfying the E10 […]
In Argentina, Carbio says its members exported more than 1.6 million metric tons of biodiesel during 2014, up 41% on the year. West Africa was the main destination while significant volumes also went to the US and Peru. Anti-dumping duties kept most of the biodiesel out of the European Union despite low soy oil prices […]
In Argentina, the biodiesel industry is expecting the government to further lower export taxes on biodiesel during the next few months to help counteract falling fossil diesel prices that are making the renewable fuel less competitive. Apart from that policy shift, only lower soy oil prices will make much of a difference. But the government […]