Tag: Argentina

Argentina raises ethanol prices for August by more than 3%

Argentina raises ethanol prices for August by more than 3%

August 11, 2015 |

In Argentina, the government raised the price for sugarcane ethanol by 2% to $1.04 a liter and by more than 3% for corn-based ethanol. In March, ethanol production reached 64,599 metric tons, up 55% on the year from 41,799 tons in March 2014. Compared to February’s production of 51,625 tons, March production was up 25%. Ethanol […]

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USDA sees higher Argentine biodiesel exports to US in 2016

USDA sees higher Argentine biodiesel exports to US in 2016

July 7, 2015 |

In Argentina, biodiesel exports have found a home in the US with volumes growing and expectations of more in 2016, but stricter criteria on imports may hamper those ambitions. The USDA expects Argentine biodiesel exports to recover to more than 1 billion liters in 2016 from the 890 million liters it expects to see exported […]

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Argentina boosts cane-based ethanol prices 5% for July to $1.04/liter

Argentina boosts cane-based ethanol prices 5% for July to $1.04/liter

July 6, 2015 |

In Argentina, the government has raised sugarcane-based ethanol prices to $1.04 per liter for July, reaching the maximum 5% increase per month allowed. Corn-based ethanol prices were only raised 2%. March ethanol production reached 64,599 metric tons, up 55% on the year.

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Only two biodiesel producers submit offers for power tender

Only two biodiesel producers submit offers for power tender

July 2, 2015 |

In Argentina, only two biodiesel producers tendered to sell fuel for power production to the national regulator Cammesa. The tender seeking 70,000 metric tons of biodiesel apparently has higher specs than that for transport fuel, which mixed with uncertainty in the market due to June’s prices not having yet been published by the government left […]

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Argentina drops biodiesel export tax for May to 9.8%

Argentina drops biodiesel export tax for May to 9.8%

June 22, 2015 |

In Argentina, the government cut the biodiesel export tax for May by more than a quarter to 9.8%, down from the startling 13.2% it set for April. The April export tax was nearly triple the average seen in previous months, with May’s still nearly double what was experienced through much of the past year. The […]

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CARBIO’s April biodiesel exports fell 75% on year to just 12,000 tons

CARBIO’s April biodiesel exports fell 75% on year to just 12,000 tons

June 11, 2015 |

In Argentina, CARBIO biodiesel exports fell 75% on the year in April, just 12,000 metric tons, due to higher feedstock prices from a higher BO GO spread and continued trade barriers into Europe. Only about 9.4% of all biodiesel produced during the month was exported, down from 34% during the same period last year.

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Oil companies in Argentina must pay $1 a liter for sugarcane ethanol in June

Oil companies in Argentina must pay $1 a liter for sugarcane ethanol in June

June 9, 2015 |

In Argentina, the country’s energy ministry says oil marketing companies must pay $1 per liter for sugarcane-based ethanol in June, up 5% over May. Prices for corn ethanol also went up but only about 1%. Ethanol prices rises are capped at 5% per month in order to ease inflation impacts.

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Argentina’s biodiesel industry seen producing less than 2 million tons

Argentina’s biodiesel industry seen producing less than 2 million tons

June 2, 2015 |

In Argentina, the country’s biofuels industry expects biodiesel production to fall 20% this year due to tax uncertainty that has hit biodiesel export viability. Most plants are only running at 20% to 30% of installed capacity with production potentially falling under 2 million metric tons. A limited domestic market and price cuts are also hitting […]

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Argentina nearly triples biodiesel export tax for April

Argentina nearly triples biodiesel export tax for April

May 28, 2015 |

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 […]

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Argentine biodiesel exports seen halving in 2015

Argentine biodiesel exports seen halving in 2015

May 18, 2015 |

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.

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