Tag: Argentina

Argentina raises ethanol prices again for August

Argentina raises ethanol prices again for August

August 8, 2016 |

In Argentina, the energy minister has boosted sugarcane ethanol prices to 90 cents per liter for August, up slightly more than 2% on the month but nearly 39% higher than August 2015. Corn ethanol prices are 70% higher on the year but up less than 1% over July at 85 cents per liter. Oil companies […]

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Argentine biodiesel production and exports recovering

Argentine biodiesel production and exports recovering

August 3, 2016 |

In Argentina, biodiesel production is recovering with the main province of Santa Fe producing 842,000 metric tons of the soy-based fuel during the first five months of the year, up 43% from the same period in 2015. Exports also rose significantly, reaching 414,000 tons, more than 271% higher than last year. Domestic sales are down […]

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Brazil wants ethanol to be part of EU-Mercosur trade deal

Brazil wants ethanol to be part of EU-Mercosur trade deal

July 11, 2016 |

In Belgium, Argentina isn’t the only country that wants Europe to make room for its biofuels as part of the current trade negotiations with Mercosur, but Brazil also wants in on the party. The country’s trade minister recently met with the EU’s trade commissioner where he stressed the importance of including ethanol trade in the […]

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Argentina wants EU to play nice on biodiesel to finalize Mercosur trade deal

Argentina wants EU to play nice on biodiesel to finalize Mercosur trade deal

July 4, 2016 |

In Belgium, Argentina’s president in meeting with the European Commission this week has said that breaking the impasse on anti-dumping duties lodged against the country’s biodiesel exports was a way to move forward the trade agreement between the EU and Mercosur countries. A first offer on trade concessions was made in May 2015 but now […]

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Higher soy oil prices rekindle food vs fuel debate in Argentina

Higher soy oil prices rekindle food vs fuel debate in Argentina

June 7, 2016 |

In Argentina, soy oil prices on the Chicago markets have jumped 30% since early March, which has led to a return of the food vs fuel debate locally. The fact that less than 20% of the oilseed is actually oil, the local industry argues that if demand for biodiesel increases and farmers respond with more […]

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Argentina follows EU to appeal WTO biodiesel dumping duties decision

Argentina follows EU to appeal WTO biodiesel dumping duties decision

June 2, 2016 |

In Switzerland, on May 31 Argentina also appealed the World Trade Organization decision regarding the EU’s anti-dumping duties on Argentina’s biodiesel exports to the trade bloc despite winning a majority of the issues during the dispute panel process. The European Union already appealed on May 20 the decision challenging three of the decisions while Argentina […]

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Four Argentine biodiesel producers at risk due to oil company’s bankruptcy

Four Argentine biodiesel producers at risk due to oil company’s bankruptcy

May 26, 2016 |

In Argentina, bankruptcy proceedings for local oil company Oil Combustibles is having a negative impact on the local biodiesel industry as four biodiesel producers wait in line indefinitely for payment. On March 31, payments to debtors were frozen until the bankruptcy process is finalized, meaning the four companies had to use their working capital as […]

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EU files appeal in WTO dispute with Argentina over biodiesel dumping

EU files appeal in WTO dispute with Argentina over biodiesel dumping

May 23, 2016 |

In Switzerland, the European Union filed a notice of appeal on May 20 in the dispute with Argentina over anti-dumping measures on biodiesel from Argentina (DS473). Parties to a dispute can appeal a panel’s ruling. Appeals have to be based on points of law, such as legal interpretation — they cannot re-open factual findings made […]

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Argentina convinces Spain to open market back up to biodiesel

Argentina convinces Spain to open market back up to biodiesel

May 12, 2016 |

In Argentina, the government has come to an agreement with Spain to resume biodiesel exports to the country following a block that was meant to help support the domestic industry and keep cheaper Argentine product from flooding the market. The trade block came after Argentina appropriated the local branch of Spanish energy giant Repsol, YPF, […]

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Argentina’s biodiesel exports soar under new president’s policies

Argentina’s biodiesel exports soar under new president’s policies

May 9, 2016 |

In Argentina, the country’s new president has implemented new policies during his first few months in office that has helped agricultural exports, including biodiesel, to soar. Biodiesel exports jumped 107% since coming into office to $126 million. The country is trying to promote value added processing rather than exporting basic commodities so a 30% tax […]

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