Tag: Argentina

Argentina boosts ethanol mandate to 12%

Argentina boosts ethanol mandate to 12%

February 8, 2016 |

In Argentina, the country has approved a shift to 12% ethanol blending from the current 10%, with the additional 20% in demand—about 160,000 cubic meters—to be serviced entirely by sugarcane-based ethanol in an effort to help the industry recover from low sugar prices. Currently sugarcane ethanol represents about 41% of the country’s total ethanol production, […]

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Argentine biodiesel producers to appeal Peru’s anti-dumping duties

Argentine biodiesel producers to appeal Peru’s anti-dumping duties

February 4, 2016 |

In Argentina, biofuel producers have rejected anti-dumping measures Peru has implemented against the country’s industry and have said they will appeal it. Peru’s competition regulator Indecopi approved $208.2 per ton anti-dumping duties on all Argentine biodiesel coming into the country at the end of January. Argentina is the source of most of Peru’s biodiesel consumption. […]

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Argentine ethanol production and consumption soar to all-time highs in 2015

Argentine ethanol production and consumption soar to all-time highs in 2015

February 2, 2016 |

In Argentina, 2015 ethanol sales hit an all time high of 804 million liters, up 21% over 2014, while production topped 815 million liters, 23% more than the previous year. More than half of the fuel, 479 million liters, was produced from corn at four distilleries while the remainder came from sugarcane at nine distilleries. […]

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Argentine ethanol production and consumption hit records in October

Argentine ethanol production and consumption hit records in October

January 25, 2016 |

In Argentina, ethanol production and consumption hit an all time high in October with 86.12 million liters produced, up 19% on the year, and consumption at 69.6 million liters, up 16% on the year. Total ethanol production through October last year was up 24% at 670 million liters with 275 million liters coming from sugarcane […]

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Argentina raises ethanol prices 5% in January for both sugarcane and corn

Argentina raises ethanol prices 5% in January for both sugarcane and corn

January 12, 2016 |

In Argentina, the government has raised the price that oil companies must pay in January for ethanol by 5% for both sugarcane- and corn-based fuel, the highest price fluctuation allowed by law. Oftentimes the ministry has boosted the price of sugarcane ethanol more than corn-based ethanol. The country’s E10 policy has helped support increased ethanol […]

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November biodiesel imports fall but Argentina doubles it share

November biodiesel imports fall but Argentina doubles it share

January 11, 2016 |

In Washington, the US Census Bureau says November biodiesel imports fell to 98,895 metric tons, 19% lower than the month previous, and down 29% on the year, the first time imports fell behind last year’s monthly imports in 2015. Total imports reached 1.025 million through November, nearly breaking 2013’s record through November of 1.1 million […]

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Small Argentine biodiesel producers want 47% price increase

Small Argentine biodiesel producers want 47% price increase

December 31, 2015 |

In Argentina, small biodiesel producers are insisting on a 47% price increase for the fuel that is regulated monthly by the government. The significant price gap is a result of the higher soy feedstock prices that accounts for 38% of the price difference in addition to impacts from export tax policy. This demand flies in […]

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Argentine government extends biodiesel tax credits until next parliament

Argentine government extends biodiesel tax credits until next parliament

December 30, 2015 |

In Argentina, the government has extended the tax credit for biodiesel for another six months until April 30, including a retroactive period, as part of a larger financial package. The national parliament opens March 1, so the extension allows the new parliament to analyze a new package of potential supports for the biodiesel industry that […]

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US biodiesel imports to double in 2016: report

US biodiesel imports to double in 2016: report

December 27, 2015 |

In Houston, Argus projects that imported biodiesel volumes will double in 2016, stating that “as suppliers in Argentina and elsewhere boost volumes after the US government issued clearer rules for blending tax credits and volumes.” Argus pointed to the official 40% devaluation of the Argentine peso as another trigger — biodiesel had been traded only […]

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Argentina accidently lifts biodiesel taxes by nearly 10-fold

Argentina accidently lifts biodiesel taxes by nearly 10-fold

December 23, 2015 |

In Argentina, the national government increased retentions on biodiesel by mistake from 3.3 to 32 percent. Production authorities have assured producers that in the coming days there will be a rectifying measure. The withholding scheme is reducing this tax in the case of soybeans. Wheat, sunflower and maize, for example, were at zero percent. Latches […]

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