Argentina: Biofuels Annual
Argentine bioethanol production in 2018 is forecast at 1.12 billion liters. This record is the result of expected higher demand of gasoline and a real blend rate almost reaching the official cap of 12 percent. There is practically no trade of bioethanol. 2018 biodiesel production is projected at 3.05 billion liters, the highest ever. This production takes into account a modest growth in the local mandate and exports at 1.7 billion liters, unchanged from 2017. Post’s forecast is based on policies in place in Argentina’s main biodiesel export market through mid-July 2017. There is much speculation over the outcomes of commercial cases in the United States and the EU that could impact Argentine biodiesel exports.
