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China biodiesel production down 34% through 2024

Source: Mysteel Dec 24, 2024 14:50
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Gasoil Import/Export Production Supply
It is reported that China's biodiesel production totaled approximately 1.6 million tonnes through 2024, down 34.16% year on year, according to OilChem's data.   The annual slump was primarily attributed to the European Union (EU) casting additional provisional import taxes on China's biodiesel with the rate ranging 12.8-36.4%, which significantly squeezed

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