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Argentina will levy an 8% export tax on biodiesel starting next year, according to a decree published in the official gazette. The move came days after the US International Trade Commission confirmed anti-dumping and anti-subsidy duties on Argentine and Indonesian biodiesel for at least five years.
The government cited the need to harmonize with the 27% tax on soybean oil exports.
The tax raises the cost of Argentine biodiesel exports, which may reduce shipments and modestly support soybean oil demand in other markets. The effect on prices is likely limited because soybean oil export taxes already apply.
hydrocarbonprocessing.com13 de dez. de 2017Após 196 eventos neutro de política passados, Óleo de soja subiu em mediana +0,1% em 5 sessões (52% de alta; metade central de -1,6% a +2,0%), e -0,5% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
