Dumping duties slashed

EU slashes dumping duties on Argentinian biofuels to 4.5-8.1% following a WTO decision that overruled the 22-25.7% duty that was imposed in 2013, a move that may boost EU soy methl ester supply. A subsidiary of oilseed biofuel producer Avril has said it is cutting biodiesel production following the decision to cut duties on Argentinian biofuels.