|03 Apr 2018||Definitive duty|
ANNOUNCED AS TEMPORARYNo
The National Biodiesel Board filed petitions on March 23, 2017 seeking the imposition of antidumping and countervailing duties on biodiesel imported from Argentina and Indonesia. The first step in this investigation was the May 5, 2017 preliminary injury determination by the U.S. International Trade Commission (USITC).
On February 21, 2018, the Department of Commerce announced its affirmative final determinations. In the Argentina AD investigation, Commerce calculated final dumping rates of 60.44 percent for LDC Argentina S.A. and 86.41 percent for Vicentin S.A.I.C., Renova S.A., Oleaginosa Moreno Hermanos S.A., Molinos Agro S.A., Patagonia Energia S.A., VFG Inversiones y Actividades Especiales S.A., Vicentin S.A.I.C. Sucursal Uy, Trading Company X, and Molinos Overseas Commodities S.A. Commerce determined a rate of 74.73 percent for all other producers and exporters of biodiesel from Argentina.
In the Indonesia AD investigation, Commerce calculated a final dumping rate of 92.52 percent for mandatory respondent Wilmar Trading PTE Ltd. The dumping rate for PT Musim Mas was determined on the basis of adverse facts available due to its failure to provide certain information as requested by Commerce. As a result, Commerce assigned PT Musim Mas a dumping rate of 276.65 percent which is the highest transaction-specific rate on the record of the investigation. Commerce determined a rate of 92.52 percent for all other producers/exporters of biodiesel from Indonesia.
Commerce found that a particular market situation existed with respect to the respondents’ home market sales in Argentina and Indonesia. In addition, Commerce found a particular market situation existed with respect to the respondents’ reported costs of soybeans and crude palm oil used in the production of biodiesel in Argentina and Indonesia, respectively.
On April 3, 2018 the USITC determined that a U.S. industry is materially injured by reason of imports of biodiesel from Argentina and Indonesia. As a result of the USITC’s affirmative determinations, Commerce will issue antidumping duty orders on imports of this product from Argentina and Indonesia.
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