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 […]
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.
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 […]
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 […]
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.
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.
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 […]
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 […]