Biodiesel Dumping Tax in USA: 50,71%

Biodiesel Dumping Tax in USA: 50,71%

InfoSAWIT, JAKARTA – Departement of Trade, USA decided the antidumping tax for imported biodiesel from Indonesia. It run on Monday (23/10) starting from the finding that biodiesel products from Indonesia were sold less than the regular price market for the same kind in USA.The antidumping tax reaches 50,71% for the biodiesel products in palm oil – base.

It was declared by Department of Trade, USA, as quoted from Reuters.

Ministry of Trade, Indonesian Republic admitted to study the new sanction. “This makes the biodiesel competition get weaker. We have to respond it carefully,” Director General of Foreign Trade, Ministry of Trade, Oke Nurwan said, as quoted from kumparan.

USA rubs the antidumpting sanction on the biodiesel products of Indonesia since 2014. Besides USA, China and European Union are the main countriies to biodiesel products of Indonesia. Quoting from Indonesian Palm Oil Association, biodiesel exports iin the last three years get decreasing.

In 2014, the export volume decreased to be 1,3 billion liters compared to the previous year, reaching 1,7 billion liters. In 2015 and 2016 it decreased to be 341 and 200 million liters. While in this year, the biodiesel exports might be reaching about 100 million liters. (T3)

. . . to get our digital magazine can be read in a InfoSAWIT Store .