In Argentina, Platts reports that the government has increased biodiesel prices 6.6% to $8,274/mt retroactive to September 1 on the back of calls by the biodiesel industry that production was being hit due to low prices, especially small and medium enterprises, but the current price freeze on diesel keeps retailers from passing on the price […]
In Argentina, La Nación newspaper reports that small and medium-sized enterprises (SMEs) producing biodiesel are upset by the government’s decision to freeze biodiesel prices for another 90 days, saying that the ruling is an arbitrary, discriminatory, and unilateral move by the government that will negatively impact producers, perhaps even causing them to shut down. Freezing […]
In Argentina, Platts reports that Carbio says impacts from the deal with Europe opening up its market to Argentine biodiesel are already being felt. The new agreement allows the country beginning in March 2019 to export 1.2 million metric tons of biodiesel to Europe annually, with 416,520 tons already seen shipped between March and May. […]
In Washington, the Department of Commerce (Commerce) preliminarily determined that changed circumstances do not exist warranting any changes under the antidumping duty (AD) order for biodiesel from Argentina. Commerce also determined, however, that changed circumstances exist warranting a change to the cash deposit rates under the countervailing duty (CVD) order. It said there remains a […]
In Washington, the National Biodiesel Board’s (NBB) Fair Trade Coalition has criticized the U.S. Department of Commerce’s preliminary decision in a “changed circumstances” review of countervailing duties on biodiesel imports from Argentina. Commerce preliminarily found that Argentina’s recent changes to its export tax regime eliminated certain government subsidies provided to Argentina’s biodiesel producers. If these […]
In Argentina, the Clarin newspaper reports that the trade deal agreed between the four Mercosur countries and the European Union last week maintains the 1 billion liters of additional ethanol market access discussed in earlier offers, specifically 450,000 metric tons of duty-free ethanol from chemical use beginning as soon as the deal comes into effect […]
In Argentina, Clarin newspaper reports that the energy and hydrocarbon sub-secretariat has increased the price of corn-based ethanol $485.87 per metric ton, an increase of 2.5% over May, while cane-based ethanol prices were increased by 2.8% to $519.46 per ton. Biodiesel prices were also increased by 2.5% to $679.4 per ton. The government changes the […]
In Argentina, La Nación reports that the US will decide whether to lift its anti-dumping duties on Argentine biodiesel imports by September which currently total about 150%. Last November, President Trump said during a visit to Argentina that the country was willing to take another look at the anti-dumping duties lobbed onto biodiesel imports despite […]
In Argentina, Reuters reports that the government is pushing the US to hurry up its process reviewing whether or not Argentine biodiesel negatively impacts the US’s domestic biodiesel industry so biodiesel exports can resume as quickly as possible. Before tariffs were imposed, biodiesel accounted for about a quarter of the US’s imports from Argentina. The […]
In Argentina, Clarin newspaper reports that the government’s policy for setting biodiesel prices has made its Viluco facility in Frias completely inviable so has had to shut it down. The facility was built to supply the domestic market but it says that prices based on export demand, and therefore prices below the required margin, as […]
