Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you a link to reset your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

EU repeals antidumping duty on US ethanol

Commodities | Agriculture | Biofuels | Grains | Coronavirus

Solving corn: New originations and COVID-19

Agriculture | Biofuels

Platts Biofuelscan

Agriculture | Grains

Asia Grains & Oilseeds Virtual Forum 2020

Agriculture | Biofuels | Coal | Electric Power | Renewables | Natural Gas | Oil | Crude Oil | Refined Products | Gasoline

India will pursue refining expansion, embrace clean fuels: PM Modi

EU repeals antidumping duty on US ethanol

The European Commission has repealed the antidumping duty of Eur62.30/mt on US ethanol imports, taking effect Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The duty was in place for five years from February 2013, followed by a 15-month expiry review.

The European ethanol association, ePURE, said in a statement that the decision is harmful for the domestic ethanol industry and the entire value chain that depends on it. ePURE said the risk is increased, as other destinations for US exports including Brazil, China, Peru and Colombia have in place, or are considering, measures against US imports.

Most market participants had expected the duty to be removed as there were no grounds for dumping, and this had already been weighing on the forward price curve. But many think the repeal will not necessarily result in a flurry of imports from the US.

Over the period the duty has been in place, arbitrage opportunities have been limited and have mostly opened in recent months. But even then, Europe's requirements for ISSC certification and a minimum of 50% greenhouse gas savings limits US product that is eligible.

In addition, the steep backwardation in the T2 market, combined with logistical constraints, are seen as major hurdles that are expected to dampen the effect of the duty removal.

-- Chrysa Glystra,

-- Edited by James Burgess,