Department of Commerce hands down anti-dumping duties on Argentina and Indonesia

In Washington, the Department of Commerce found in its initial report that Indonesian and Argentine biodiesel were being sold at prices below market value and as such lobbed anti-dumping duties on the two countries at 50.71% for the former and between 54.36% to 70.05% for the latter. Argentina responded saying the decision didn’t make much of an impact because interim duties of up to 64.17% in effect since August made exports to the US impossible. Ongoing negotiations with the Argentine government regarding a potential price floor for its biodiesel exports to the US may lead to a suspension agreement.

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