6 May, 2008

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biodiesel-para-gran-bretanaLast month argentinean exportations of the biofuel were declared for 85.943 tons to an average pondered value of 1227,4 u$s/ton versus 1176,4 u$s/t in March of this year.

In this year the FOB prices of the biodiesel registered an increase of almost 39%. In April of 2008 argentinean exportations of biodiesel were declared for 85.943 tons to an average pondered value of 1227,4 u$s/ton, with a minimum of 1044 u$s/ton and a maximum of 1335 u$s/ton. The 93,6% was destinated to USA and 6,4% to Holland.

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In March of 2008 argentinean exportations of biodiesel had been declared before the SIM/AFIP for 122.454 tons to a average pondered value of 1176,4 u$s/ton, with a minimum of 814 u$s/ton and a maximum of 1400 u$s/ton. The data corresponds to the tariff position 3824.90.29.100P.

Most of the declarations done in March were registered before the day 13th of that month, since from that day on started an increment of the aliquot of the export right applied to the biodiesel. Until then, the external sale of the biofuel was burdened by a retention of 5,0% and enjoyed a refund of 2,5% (that is to say had a net right of 2,5%). Starting from March 13th -according to what resolution 126/08 of the Ministry of Economy established- it went to have a nominal retention of 20,0% (17,5 % net).Â

Meanwhile, the value half pondered in December of 2007Â was of 883,4 u$s/ton. This implies that in the first four months of the year the average value of exportation of the biodiesel grew 38,9%.Â

In Argentina operate two big elaborating companies of biodiesel that, at the moment, are the ones that carry out most of the shipments. It is Renova, located in San Lorenzo (Santa Fe) and property of Glencore and Vicentín. The other one is Ecofuel, located in Puerto San Martin, Santa Fe, and controlled by Aceitera General Deheza and Bunge.Â

Source: Infocampo

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