Unanimous USITC Vote Determines Antidumping and Countervailing Duties Remain Through 2028
The U.S. International Trade Commission (USITC) voted unanimously to leave the existing antidumping and countervailing duty measures imposed against Argentina and Indonesia in place. The USITC determined during its five-year (“sunset”) review, removing the import barriers would likely lead to material economic harm to U.S. biofuel producers through unfair trade practices.
Back in 2017, The Commerce Department concluded that foreign biodiesel producers in Argentina and Indonesia benefited from subsidies that injured domestic US biodiesel producers, leading to the imposition of antidumping and countervailing duties. Imports of biodiesel from Argentina totaled more than 445 million gallons in 2016 and accounted for 23.5 percent of the RFS D4 renewable volume obligation.
For the purpose of antidumping investigations, dumping occurs when a…
12.31.2024
US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA
The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...
12.31.2024
Market activity remains muted amid New Year’s holiday
The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.
Prices for choice white grease...
12.31.2024
US weekly soybean, wheat, corn export inspections drop
Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...