Global Trade Alert
Global Trade Alert

Argentina: Government increases the price of biodiesel and decreases its local content requirement in biofuel blends (July 2021)

Announcement

01 Jul 2021

In July 2021, the government of Argentina increased the prices of locally-made biodiesel used in biofuel blends and decreased its minimum local content requirement.

 

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2021

Revocation date:

No revocation date

Local content requirement

On 1 July 2021, the Secretary of Energy of Argentina adopted Resolution 624/2021 decreasing the local content requirement on biodiesel included in automobile biofuels sold in the country from 10% to 5...

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Implementation date

01 Jun 2021

Revocation date:

No revocation date

Price stabilisation

On 1 July 2021, the Secretary of Energy of Argentina adopted Resolution 624/2021 increasing the price of biodiesel used in biofuel blends for automobiles. The price enters into force retrospectively f...

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