Source: Oleoscope (Russia)
The European Biodiesel Board (EBB) has welcomed the approval of final duties on biodiesel (HVO and FAME) from China by EU Member States. Last July, the EBB imposed provisional anti-dumping duties, which are now also in place, but the market had been waiting for approval of the duties from the national governments of EU member states.
That approval was granted on January 8 during a meeting of the Trade Defense Instruments Committee by formally adopting the European Commission’s proposal to impose such anti-dumping duties. The final duties will soon be imposed for the next five years, according to BioFuels.
Xavier Noillon, secretary general of the EBB, said: “We have come a long way since EBB started this case. After Indonesia, Argentina and the US, we now have measures against China as well.”
The next formal step is the publication of the Regulation imposing the final duties in the Official Journal of the EU. From the date of this publication, the measures will apply for five years. The publication of the Regulation must take place no later than February 14.
The duty on biodiesel and hydrotreated vegetable oil (HVO) from Chinese producers is currently 36.4%. When the duties were introduced, the European Commission reported that the volume of biodiesel and HVO imports into the EU from China had almost doubled and that China’s market share had increased from 5.4% in 2022 to 8% during 2024.