China: Biofuels Annual

  |   Attaché Report (GAIN)   |   CH2024-0100

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China: Biofuels Annual
The People’s Republic of PRC (PRC) bio-based diesel (BBD) exports are expected to drop following the EU provisional antidumping duties of up to 36.4 percent on biodiesel and hydrogenation-derived renewable diesel (HDRD), though sustainable aviation fuel will provisionally be excluded from further duties. The PRC adopted a series of new policies to promote domestic biodiesel and HDRD consumption. At the same time, ethanol production and demand are forecast to increase by 17 percent on low feedstock/corn prices while capacity remains unchanged.
East Asia and the Pacific, China
Biofuels

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