# European oilseed producers losers in EU - Argentina biodiesel settlement | Bioenergy International

> The EU Trade Defence Instruments Committee approved anti-subsidy duties on Argentine biodiesel imports on January 30, 2019, alongside a price undertaking. Under the deal Argentina can export about 1.2 million tonnes of biodiesel duty-free to the EU, around 10% of EU biodiesel consumption. UFOP says European oilseed producers are losers because the minimum import price is tied to soybean oil prices.

- Date: 2019-02-05 · published 2019-02-05T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/60680-european-oilseed-producers-losers-in-eu-argentina-biodiesel-settlement
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Duty-free Argentine biodiesel could displace EU rapeseed-based biodiesel demand, weakening European oilseed prices. Minimum import prices linked to soybean oil may limit how far that competition pushes soyoil prices down.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-12-19 | [US biodiesel and soybean industry call on President Trump to improve 2020 RFS \| Bioenergy International](https://feedsoft.ai/events/55450-us-biodiesel-and-soybean-industry-call-on-president-trump-to-improve-2020-rfs.md) | +2.8% | -0.2% |
| SBO | 2018-12-03 | [Final RFS rule provides only minimal growth for biodiesel, NBB says \| Bioenergy International](https://feedsoft.ai/events/61461-final-rfs-rule-provides-only-minimal-growth-for-biodiesel-nbb-says-bioenergy.md) | +2.5% | +0.3% |
| SBO | 2017-03-09 | [Biodiesel leaders push for producer’s tax credit, cite jobs and economic benefits - Biofuels International Magazine](https://feedsoft.ai/events/71865-biodiesel-leaders-push-for-producer-s-tax-credit-cite-jobs-and-economic.md) | -3.2% | -4.4% |
| SBO | 2018-12-03 | [The low-ILUC loophole could allow business-as-usual palm oil imports for biodiesel in Europe - International Council on Clean Transportation](https://feedsoft.ai/events/61588-the-low-iluc-loophole-could-allow-business-as-usual-palm-oil-imports-for.md) | +2.5% | +0.3% |
| SBO | 2019-11-13 | [New NBB report highlights the importance of the Biodiesel Tax Credit \| Bioenergy International](https://feedsoft.ai/events/55929-new-nbb-report-highlights-the-importance-of-the-biodiesel-tax-credit-bioenergy.md) | -0.2% | +0.6% |

## Sources

- bioenergyinternational.com: https://bioenergyinternational.com/european-oilseed-producers-losers-in-eu-argentina-biodiesel-settlement/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.