Trade and markets
 

Detail

Area
Argentina
Commodity Group
Biofuels
Commodity
Biodiesel
Date
18/09/2018
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Implemented three successive increases in the price that oil companies are required to pay for biodiesel.
Notes
During the August–September period, the government-set price that oil companies need to pay for biodiesel has been raised thrice, reaching ARS 26 509 (USD 725) per tonne as of 10 September 2018. Reportedly, the adjustments were triggered by the recent changes in the Argentina’s export tax for soybean oil, the country’s main biodiesel feedstock.