London (Platts)--11Feb2013/1206 pm EST/1706 GMT
Russia's chemical exports continue to encounter discriminatory barriers in trade with some members of the World Trade Organization, Russia's chemical union said Monday. According to a study conducted by the union, countries such as China, Ukraine and India have placed additional duties on Russian imports of certain chemical products, which might be inconsistent with the WTO regulations. For example, China has an up to 38% anti-dumping duty on rubber imports from Russia, which is set to remain in place until September 7, 2014. Similarly Ukraine has placed an anti-dumping duty on Russian methanol, the union said. Russian methanol exporter ShchekinoAzot pays a duty of 9.4% on exports to Ukraine. Article continues below...Sign up to Petrochemical Alert today. Petrochemical Alert gives you everything you need to stay informed and react to changing market conditions, including minute-to-minute updates on news and pricing for all your petrochemical needs. From news flashes to long-range analysis, and real-time deal reporting to end-of-day price assessments, Petrochemical Alert is consistently first to deliver breaking news that moves the world's petrochemicals markets. It's an indispensable tool for those making crucial decisions.
Russia's chemical exports continue to encounter discriminatory barriers in trade with some members of the World Trade Organization, Russia's chemical union said Monday. According to a study conducted by the union, countries such as China, Ukraine and India have placed additional duties on Russian imports of certain chemical products, which might be inconsistent with the WTO regulations. For example, China has an up to 38% anti-dumping duty on rubber imports from Russia, which is set to remain in place until September 7, 2014. Similarly Ukraine has placed an anti-dumping duty on Russian methanol, the union said. Russian methanol exporter ShchekinoAzot pays a duty of 9.4% on exports to Ukraine.
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Petrochemical Alert gives you everything you need to stay informed and react to changing market conditions, including minute-to-minute updates on news and pricing for all your petrochemical needs. From news flashes to long-range analysis, and real-time deal reporting to end-of-day price assessments, Petrochemical Alert is consistently first to deliver breaking news that moves the world's petrochemicals markets. It's an indispensable tool for those making crucial decisions.
Russia's exports of fertilizers incur a 6% fixed-rate duty in India, and 4-6% in some Latin American countries.--Maria Tsay, maria_tsay@platts.com--Edited by Jonathan Fox, jonathan_fox@platts.com
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