European Parliament Votes To Continue Requiring Ethanol

On May 20, 2015, the European Parliament voted to reject a
plan
that would eliminate the requirement for import
licenses of ethanol of agricultural origin. The plan was
rejected with a
vote
of 486 to 164 amid concerns that the
loss of ethanol import data that came from the licenses
would negatively impact anti-dumping duty cases. The
anti-dumping duties were implemented in February 2013, and
are valid through February 2018. The duties require
$83.03 per metric ton of U.S. ethanol that is exported to
European Union (EU) countries. The continuation of
ethanol import licenses also ensures transparency, and
that current information about the evolution of the
ethanol market is available to regulators and other
interested organizations.