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Biofuel Market Roundup: Anti-Dumping Shakes Up China, EU, US Trade
ResourceWise : Aug 27, '24
The international biofuels and feedstocks market has continued to experience volatility in recent months. As we quickly move toward the end of the year, we're seeing a greatly renewed interest in this industry.
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Featured Biofuels and Feedstocks News and Insights
EU Anti-Dumping Ruling on China Marks Serious Shift in Biofuels Market
The European Union has made waves in the international biofuels market by announcing preliminary anti-dumping duties on Chinese biodiesel and hydrotreated vegetable oil (HVO) importers.
Bio-Bunkering Sees Impressive Growth with Surging Demand in Asia
The bio-bunkering market continues to see expansion with positive growth and increased demand in several key regions of Asia. While Singapore returns to a growing market, Hong Kong has also seen a rapid increase in demand for bio-bunkers.
EPA Investigates Claims of UCO Fraud in US Biodiesel Supply Chain
The US government is investigating the integrity of various biodiesel producers' practices as concerns grow over potentially fraudulent ingredients used to create these fuels. The primary feedstock in question is used cooking oil, or UCO.
EU Tariffs' Effect on the International Biofuels Market
Recently, ResourceWise held a live webinar covering the EU’s anti-dumping ruling on Chinese biodiesel and HVO. Put simply, this decision will yield significant changes in market mechanics—particularly the renewable feedstocks needed for biofuel production.
Crude Tall Oil’s Opportunity Around EU's Anti-Dumping Ruling on China
The EU’s recent ruling on anti-dumping tariffs for Chinese biodiesel imports has already created a shockwave in the biofuels industry. As industry agents seek new opportunities, several feedstocks offer great potential for revived interest in the market. Case-in-point: crude tall oil, or CTO.
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