Breaking News-RTRS-EU biodiesel import duty helps Argentina-Oil World

HAMBURG, March 17 (Reuters) - The European Union's decision to impose heavy import duties on U.S. biodiesel will switch EU buying to Argentina, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
On March 12, the EU said it would impose punitive duties on imports of biodiesel from the United States while an investigation is held into allegations the U.S. green fuel is sold cheaply in Europe with the help of subsidies. [ID:nNLC572079]
"The EU will receive much less biodiesel from the U.S. following the introduction of countervailing duties, but more from Argentina," Oil World said.