Argentine Biodiesel Exports Seen Increasing on Demand From U.S.
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Argentina, the world’s biggest biodiesel exporter, is increasing shipments of the fuel on stronger U.S. demand, Oil World said.
Argentine exports of biodiesel made from soybean oil will climb to 450,000 metric tons in the three months through December, more than double the year-earlier 221,000 tons, the researcher said today in an e-mailed report. The U.S. may account for two-thirds of purchases from September through the end of the year, it said. Argentina’s biodiesel production this quarter may jump 57 percent from a year earlier to 670,000 tons.