Futures Close Report 27th September

European Commission has decided not to impose provisional import tariffs on imports of Argentine biodiesel until it gathers more information.  The Commission had been expected to reinstate provisional duties this month or in October and Argentine sales to the EU had stalled in anticipation.  French biodiesel maker Saipol, the EU’s largest producer and part of oilseed group Avril, implemented a six-month plan to reduce production in March, blaming huge Argentine biodiesel imports for exacerbating poor market conditions.