US Commerce issues final AD duties on biodiesel from Argentina, Indonesia

23/02/2018 12:00 - 469 Views

February 22 (Renewables Now) - The US Commerce Department on Wednesday issued a final anti-dumping (AD) determination on biodiesel imports from Argentina and Indonesia, setting dumping rates of up to 276.65%.

The duties range from 60.44% to 86.41% for Argentina, and from 92.52% to 276.65% for Indonesia. US Customs and Border Protection (CBP) will be instructed to collect cash deposits from importers of biodiesel from the two countries.

The final duties are higher than those in the Commerce Department's preliminary decision, which were of between 50.71% and 70.05%.

The anti-dumping duties are in addition to anti-subsidy duties of between 34.45% and 72.28% that were announced by the Commerce Department in November 2017 and then confirmed by the US International Trade Commission (ITC). The commission is due to vote on the anti-dumping case in April.

The measures are in response to petitions filed by the National Biodiesel Board (NBB) and 15 domestic biodiesel producers.

Welcoming Wednesday's decision NBB said: "The biodiesel industry already deals with policy uncertainties, such as lapsing tax credits and annual unpredictability with the Renewable Fuel Standard, so we appreciate seeing illegally dumped imports remedied."

According to the organisation, a 464% surge in biodiesel imports from Argentina and Indonesia from 2014 to 2016 took 18.3 percentage points of market share from US producers.  

The final dumping rates are in the table below:
Country Exporter/Producer Dumping Rates
Argentina LDC Argentina SA 60.44%
Argentina Vicentin SAIC, Renova SA, Oleaginosa Moreno Hermanos SA, Molinos Agro SA, Patagonia Energia SA, VFG Inversiones y Actividades Especiales SA, Vicentin SAIC Sucursal Uy, Trading Company X, and Molinos Overseas Commodities SA 86.41%
Argentina All Others 74.73%
Indonesia Wilmar Trading PTE Ltd 92.52%
Indonesia PT Musim Mas 276.65%
Indonesia All Others 92.52%

Source: www.renewablesnow.com
Quảng cáo sản phẩm