Platts reduces soybean oil export duty on biodiesel FOB Argentina assessment Aug. 1

Platts, part of S&P Global Commodity Insights, has reduced the Argentina export duty on soybean oil to 24.5% from 31%, in line with Argentine regulations, effective Aug. 1, 2025.

The Argentine government has made the 24.5% soybean oil export duty permanent, after a temporary cut expired on June 30 and the previous 31% rate briefly returned July 1.

Platts methodology states that it 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. Platts will notify the market of any changes through subscriber notes.

This updated duty is reflected in the Platts daily calculated assessment for biodiesel exported from Argentina (AARGA00).

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

This assessment follows the Platts Argentina publishing schedule and follows 17:30 the Sao Paulo timestamp and is available in the Platts price database, in the Biofuelscan report, and 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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