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EU Lifts Duties on Argentinian Biodiesel Producers (Int'l Report)
Argentina Biodiesel
Date: 2019-02-13
Reuters is reporting Argentina and the 28-member EU have agreed to end a dispute over biodiesel exports and eight Argentinian biodiesel producers will now be permitted to export to the EU duty-free as long as a minimum price is maintained, according to the EU's Official Journal.

The EU imposed anti-dumping duties on Argentina, the world's top producer of soyoil, the main ingredient used to make biodiesel, in 2013, but lifted most suties in March 2018 after they were successfully challenged at the World Trade Organization and the European Court of Justice.

According to the EC, with the lifted duties the EU's annual biodiesel imports would equal approximately 10 pct of the trading bloc's biodiesel consumption per year from 2014 to 2017. The price would be linked to the average monthly soybean price quotations published by Argentina's agriculture ministry, which reflect the inclusion of the export tax. The duties and the minimum price scheme is now in effect. (Source: EC, Successful Farming, Reuters, 12 Feb., 2019)

More Low-Carbon Energy News Argentina Biodiesel,  Biodiesel,  


Argentinian Biodiesel Price Bumped Up 17 pct (Int'l. Report)
Argentina Biodiesel
Date: 2018-09-12
In Buenos Aires, Juan Jose Aranguren, the Argentinian Energy Secretary's office reports it has raised the price of biodiesel used in domestic fuel blends from 22,589 Pesos per ton to 26,509 pesos ($710.70) per ton -- a 17 pct increase. The increase is being attributed primarily to monetary fluctuations.

The government, which sets the price of domestic biofuels, mandates diesel fuel mixes sold in Argentina contain 10 pct biodiesel. Argentina consumed 1.17 million tons of biodiesel in 2017, according to that state statistics agency, Indec. Argentina is the world's largest exporter of soybean oil and soymeal for livestock feed, and the No. 3 exporter of raw soybeans. (Source: Argentinian Energy Secretary, Merco Press, 11 Sept., 2018) Contact: Juan Jose Aranguren, Argentinian Energy Secretary, https://en.wikipedia.org/wiki/Juan_Jose_Aranguren

More Low-Carbon Energy News Biodiesel,  Argentina Biodiesel,  


Argentina Doubling Biodiesel Export Tax (Int'l Report)
Biodiesel
Date: 2018-05-30
In Buenos Aires, Argentinian government reports it will raise its present 8 pct export tax on biodiesel to 15 pct, effective July 1, this year.

Argentina, one of the world's top biodiesel fuel producers with 1.65 million tons of biodiesel exports in 2017, has been hit by retaliatory tariffs in recent years including the U.S. International Trade Commission anti-dumping duties of 60.44 pct to 276.65 pct.

The Argentine CIARA-CEC exporters trade association reports it expects the European Union to stop importing biodiesel by imposing new tariffs in September or October. The Chamber sees exports falling to around 700,000 tons this year. (Source: CIARA-CEC, Merco Press, 29 May, 2018) Contact: CIARA-CEC, www.ciara.com.ar

More Low-Carbon Energy News Biodiesel,  Argentina Biodiesel,  

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