# Europe struggles to stem biodiesel import flood

> Argentine soybean-based biodiesel is entering the EU at prices well below rapeseed oil, the main feedstock for European producers. Some EU producers say they cannot compete and face bankruptcy risk.

- Date: 2018-03-07 · published 2018-03-07T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/66095-europe-struggles-to-stem-biodiesel-import-flood
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cheap imports displace EU demand for domestic rapeseed oil and biodiesel feedstock, which weighs on vegetable oil prices and may shift crush margins. Soybean oil exports from Argentina could gain share in the EU market.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-05-01 | [European FAME 0 slips into backwardation due to influx of Q2 biodiesel imports  : The Daily Digest](https://feedsoft.ai/events/65109-european-fame-0-slips-into-backwardation-due-to-influx-of-q2-biodiesel-imports.md) | +1.1% | +2.8% |
| SBO | 2019-07-03 | [ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel.md) | +1.1% | +0.3% |
| SBO | 2024-10-14 | [CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand \| Biodiesel Magazine](https://feedsoft.ai/events/15175-cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand.md) | -3.1% | +11.3% |
| SBO | 2019-02-12 | [EU exempts eight Argentine biodiesel producers from duties](https://feedsoft.ai/events/60683-eu-exempts-eight-argentine-biodiesel-producers-from-duties.md) | -1.7% | -1.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-eu-biodiesel-analysis/europe-struggles-to-stem-biodiesel-import-flood-idUSKCN1GJ2I9/

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