# After halting tax hikes, biofuel prices rise: what happens to gasoline

> Argentina's Energy Secretariat authorized increases of up to 2.07 percent in minimum purchase prices for biofuels, with ethanol up 2 percent and biodiesel up 2.07 percent, via resolutions 306/2026 and 307/2026. The government also froze fixed fuel taxes for November under decree 1305/2026.

- Date: 2026-11-02 · published 2026-11-03T00:13:57.770Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/76486-after-halting-tax-hikes-biofuel-prices-rise-what-happens-to-gasoline
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Small administered biofuel price increases add little to fuel prices and have minimal impact on feedstock demand, so the effect on soybean oil or corn ethanol prices is limited.

## Read by commodity

- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-01-30 | [Renewable biodiesel and soybean prices: What to expect](https://feedsoft.ai/events/15244-renewable-biodiesel-and-soybean-prices-what-to-expect.md) | +0.0% | -1.4% |
| SBO | 2020-03-04 | [EPA poised to issue biofuel proposal to 'quell RIN markets,' Wheeler says (NYSE:CVI) \| Seeking Alpha](https://feedsoft.ai/events/53999-epa-poised-to-issue-biofuel-proposal-to-quell-rin-markets-wheeler-says-nyse-cvi.md) | -4.9% | -6.3% |
| SBO | 2019-12-18 | [Ag, biofuel groups appeal to President for 'direct intervention' on RFS](https://feedsoft.ai/events/55456-ag-biofuel-groups-appeal-to-president-for-direct-intervention-on-rfs.md) | +0.2% | -2.3% |
| SBO | 2022-01-11 | [Explainer: What is at stake for the U.S. biofuel blending law in 2022 and beyond \| Reuters](https://feedsoft.ai/events/15426-explainer-what-is-at-stake-for-the-u-s-biofuel-blending-law-in-2022-and-beyond.md) | -0.7% | +6.7% |
| SBO | 2024-09-19 | [Indonesia UCO, POME export levy hikes to support local biofuel output: sources](https://feedsoft.ai/events/15620-indonesia-uco-pome-export-levy-hikes-to-support-local-biofuel-output-sources.md) | +5.5% | +0.3% |
| CORN | 2016-11-23 | [Soybeans, soybean oil bound higher after EPA raises biofuel targets: Podcast](https://feedsoft.ai/events/6690-soybeans-soybean-oil-bound-higher-after-epa-raises-biofuel-targets-podcast.md) | -3.8% | -1.5% |
| CORN | 2020-03-04 | [EPA poised to issue biofuel proposal to 'quell RIN markets,' Wheeler says (NYSE:CVI) \| Seeking Alpha](https://feedsoft.ai/events/53999-epa-poised-to-issue-biofuel-proposal-to-quell-rin-markets-wheeler-says-nyse-cvi.md) | +1.1% | -0.6% |
| CORN | 2019-12-18 | [Ag, biofuel groups appeal to President for 'direct intervention' on RFS](https://feedsoft.ai/events/55456-ag-biofuel-groups-appeal-to-president-for-direct-intervention-on-rfs.md) | -0.1% | -1.9% |

## Sources

- baenegocios.com: https://www.baenegocios.com/economia/despues-de-frenar-las-subas-impositivas-aumentan-los-biocombustibles-que-pasa-con-la-nafta/

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