Backwardation opens window for Argentine biodiesel exports despite duty

Thursday, August 22, 2013
Source: 
Biofuels Business

In Argentina, despite suffering from punitive 10.6% anti-dumping duties by the European Commission, several cargoes of biodiesel have been booked with some already finalized in August and others set for August/September. Backwardation in the European biodiesel market has made the imports viable even when the high duty is added.

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