# EU exempts eight Argentine biodiesel producers from duties

> The EU has exempted eight Argentine biodiesel producers from anti-subsidy duties, following an agreement reached the previous month to end the dispute. Argentina is the world's top soyoil producer, and soyoil is the main feedstock for its biodiesel.

- Date: 2019-02-12 · published 2019-02-12T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/60683-eu-exempts-eight-argentine-biodiesel-producers-from-duties
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Exempted producers can ship biodiesel into the EU without duties, adding supply that competes with European biofuel output. This is mildly bearish for soybean oil demand and prices.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-07-10 | [DOC lowers duties on Argentina biodiesel \| 2019-07-09 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/58195-doc-lowers-duties-on-argentina-biodiesel-2019-07-09-agri-pulse-agri-pulse.md) | +0.4% | -1.4% |
| SBO | 2018-03-26 | [EU biodiesel sector faces cheap imports](https://feedsoft.ai/events/66098-eu-biodiesel-sector-faces-cheap-imports.md) | +2.0% | -1.2% |
| SBO | 2017-09-11 | [US biodiesel duties could hit grain market \| The Land \| NSW](https://feedsoft.ai/events/68828-us-biodiesel-duties-could-hit-grain-market-the-land-nsw.md) | -0.1% | -5.4% |
| SBO | 2018-03-07 | [Europe struggles to stem biodiesel import flood](https://feedsoft.ai/events/66095-europe-struggles-to-stem-biodiesel-import-flood.md) | -0.9% | -1.9% |
| SBO | 2017-09-01 | [Argentina oilseed chamber says U.S. biodiesel tariffs to hit soy prices \| BIODIESEL ARGENTINA-NOTICIAS SOBRE BIODIÉSEL BIOCOMBUSTIBLES Y ENERGIAS RENOVABLES](https://feedsoft.ai/events/69032-argentina-oilseed-chamber-says-u-s-biodiesel-tariffs-to-hit-soy-prices.md) | -0.3% | -6.2% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/eu-exempts-eight-argentine-biodiesel-producers-from-duties-idUSL5N2073IL/

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