Industry

Biodiesel output falls 37.2% year-on-year in November

Argentina’s biodiesel production fell 37.2% (163,012 mt) in November year on year, as exports plunged, while ethanol output held steady over the same period on sustained demand for the gasoline additive, a report from the Energy Secretariat shows. The decline came as a 6.1% rise in domestic consumption of biodiesel for a 10% blend in diesel to 99,854 failed to offset a 58.9% drop in exports to 60,000 mt, the secretariat said.

Source: S&P Global

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