04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
EU Initiates Review of US Anti-Dumping Duties
The European Biodiesel Board (EBB) requested commission review of the anti-dumping duties placed on biodiesel imports from the US. These duties have been in place since July 7, 2019. A prior Expiry review of the measure was initiated on July 10, 2014, which led to the duties being extended through September 16, 2020. The second request for an expiry review was published on the European Trade Commission website September 14, 2020.
An expiry review can only lead to repealing or continuing duties, generally for five years. The level or form of the duties in place are not subject to change. A review could take as long as 15 months to complete, and during this time the duties in place would remain in effect.
The grounds for review are based on the belief that if the duties were lifted, recurrence of dumping and injury to the EU industry would follow. The EU…