Platts to increase export duties on biodiesel FOB Argentina assessment July 1

Platts, part of S&P Global Commodity Insights, will increase the export duty on soybean oil to 31% from 24.5% in Argentina and on biodiesel to 29% from 23%, effective July 1, 2025, in line with Argentine regulations.

This is in line with established methodology, which states Platts will update export duty values in the formula upon any changes from the Argentine government, as tracked in the Boletín Oficial de la República Argentina, and notify the market of any changes via subscriber notes.

These updated duties are reflected in Platts daily calculated assessment for biodiesel exported from Argentina (AARGA00).

The Argentine government had temporarily reduced these export duties in 2024, with the reductions expiring on June 30, 2025. As a result, the higher duty rates will come back into effect immediately from July 1.

The affected assessment reflects a FOB Up River bulk cargoes of typically around 30,000 mt intended for the export market.

This assessment follows the Platts Argentina publishing schedule and is available in the Platts price database, in the Biofuelscan report, as well as on Platts Biofuels Alert and Platts Connect.

For questions, feedback, or comments, please contact mrts_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com.

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