Argentina Biodiesel Exports Surge

Oil World reports that Argentina exported 288,000mt of biodiesel in the first five months of the marketing year 2008/09 (Oct/Sept). That is whopping 66% above the 174,000mt exported in the same period of the previous year.

The vast majority of these exports went to the US (166,000mt - up from 122,000mt previously), with almost all the remainder coming to the EU (109,000mt vs 55,000mt).

I wonder how much of the stuff exported to the US was simply en-route to Europe with a splash of mineral diesel added? Erm...approximately 166,000mt of it is my guess.