Biodiesel Machine Argentine government has raised tariff of biology derv exit more than one times, this to biology derv industry it is unexpected concussion. This industry has been dropped by crude price and the adverse effect that the market shuts.
The policy of export custom duty that this week issues is comfortable Feburary, custom duty of biology derv export from January 1.62% rise 3.89% . The export custom duty January is the lowermost level since the government rolled out fuel of progressive type living things to export custom duty 2012.
Association of Argentine biology fuel (Carbio) chairman Victor Castro says, we cannot understand such situation really. He expresses, complain changeful export custom duty makes all the time since biology fuel industry is long-term commercial plan cannot come true. This is the thing of try one’s luck. Biology fuel exports the attune on custom duty, a series of benefit that after will appearing on the stage December last year with Argentine new government, carry out farming policy forms disparate contrast. New policy includes to cancel major agriculture products to export custom duty and export quota, soja export custom duty is reduced 5% , for 30% . Castro says, biology fuel industry all the time go canvassing government carries out fixed export custom duty. We think this thing will get very quickly settlement hopefully. Argentine energy department did not give buy is judged immediately.
The newest data that occupies Argentine energy department shows, argentine last year soya-bean oil – volume of biology fuel export decreases considerably 51% , it is about 788, 226 tons. Cereal bourse weighs Argentine Luosaliao, main last year biology derv exporter is Yi Dafu company of company, Aceitera General Deheza, fine auspicious company, state auspicious company and Vicentin SAIC company.
Peruvian decision checks the month on Argentine biology fuel is carried out turn over dumping custom duty, consequently Argentine biology derv exports a sale to may continue to glide. After from the European Union the portion carried out custom duty to Argentine biology fuel in November 2013, closed European Union market effectively, industry of Argentine biology fuel basically depends on two markets — the United States and Peruvian. The European Union is the export market with Argentine biology the biggest fuel for a time.
Shut its first when the European Union when the market, argentine country industry can depend on the temporary violent wind of traditional derv price to rise to sell biology diesel oil. But since after crude price began to steep fall 2014, these opportunities also disappear from now on.
Argentina complains to WTO the European Union is collected to its biology fuel turn over dumping custom duty, at present WTO is investigating this matter. Hopeful gets settlement this month, but whatever analysis result, will look from two will inevitable mention appeal, mean final decision still not within the foreseeable future.