Argentina’s Q2 biodiesel exports triple on year

In Argentina, biodiesel exports during the second quarter tripled compared to the same period last year at 404,215 metric tons. The jump in exports was supported by a 56% increase in production during the period to 704,717 tons with a total of 1.1 million tons produced in 2016 through June, up nearly 42% on the year. The WTO partially ruled in favor of Argentina’s complaint against the EU’s anti-dumping duties on Argentine biodiesel imports but the EU appealed and the appellate decision has yet to be announced. On the other hand, ethanol production fell 2.8% during the same period to 184,025 tons.

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