ADM temporarily mothballs German biodiesel plant in light of growing imports

In Germany, Reuters reports that ADM has decided to mothball its biodiesel plant in Mainz for at least Q2 because it can’t compete with increasing cheap imports that began to surge last September, especially following the ruling last week by the European Court of Justice dropping anti-dumping duties on Argentine and Indonesian biodiesel imports. A decision on whether or not to reopen in Q3 will be made in a few months depending on prices and crushing margins.