European Union (EU) imports of biodiesel from China fell by 91% in July compared to the previous month following the European Commission (EC)’s introduction of anti-dumping duties, according to Eurostat data reported by Palm Oil Magazine.
According to the analysis, Chinese biodiesel exports to the EU dropped from 109,457 tonnes in June to 9,835 tonnes in July – the lowest level since April 2021.
In July, the EU imposed temporary anti-dumping duties ranging from 12.8% to 36.4% on biodiesel and hydrotreated vegetable oil (HVO) imports from China, the 27 September report said citing Quantum Commodity Intelligence data.
However, China’s export data did not correspond with EU import figures, with China reporting exports of 74,343 tonnes in May and 43,412 tonnes in June, Palm Oil Magazine wrote.
The discrepancies had raised concerns about potential gaps in sustainable certification, which traders claimed could be used to bypass anti-dumping duties, the report said.