EU imposes anti-dumping measures on Chinese language biodiesel

The European Fee introduced right this moment that it’s going to impose anti-dumping duties of as much as 36.4% on biodiesel imports from China. It is a step in the suitable course to stop imports of used cooking oil (UCO) biofuel of doubtful origin, says T&E. However tariffs alone is not going to be sufficient to stop adulterated palm oil from getting into the European market, the group says.

Within the final two years, the European biofuel market has been flooded with UCO imports from China, which has triggered a drop out there value, which has gone from approx. on 2,250 euros per ton to 1,100 euros. A a current research T&E confirmed that meeting in China is as much as 30% cheaper than in Europe. The inherent difficulties in verification and certification imply that a lot of the UCO getting into Europe may be falsely labeled as palm oil, an inexpensive commodity intently linked to deforestation.

The EU at present imports over 80% of its UCO, with China alone accounting for 60% of those imports. In Spain this quantity rises to virtually 80%.

Carlos Rico, vitality knowledgeable for T&E transport in Spain, has introduced: “Europe, and particularly Spain, depends closely on unverifiable used cooking oil from distant nations, similar to China. Restrictions on imports from China are a step in the suitable course, however anti-dumping duties alone is not going to be sufficient to cease UCO fraud. With out a full overhaul of the certification course of, the EU will proceed to play roulette, as fraudsters from different nations will merely fill the hole. The EU and the Spanish Authorities should cease encouraging imported uncertified used oils and transfer from an industry-led certification system to stricter regulation.