EC to re-impose Russia, Belarus potash duties

22 June 2006 17:21  [Source: ICIS news]

PARIS (ICIS News)--The European Commission proposed on Thursday that definitive antidumping duties are re-imposed on exports of potash (potassium chloride) from Russia and Belarus into the European Union (EU).

This follows an expiry review of existing duties, after which the Commission concluded "imports of potassium chloride originating in Belarus and Russia were dumped, and a likelihood of continuation of injury was established" should the duties be repealed.

The new duties would cover potash and potash containing additional fertilising elements, with a potassium content of 35%-62%.

Should the EU Council of Ministers agree, the duty on exports from Belarus would be 27.5%, except for a quota of 700,000 tonnes per annum which would escape the duty if the price exceeded between €102.4/tonne and €125.8/tonne, depending on the product and whether it arrived by ship or land.

Regarding Russian duties, the rate will vary according to the product between €19.61/tonne and Euro 40.63/tonne, except for potash products from JSC Silvinit, of Solikamsk, which will all attract a 23% duty, and JSC Uralkali, of Berezniki – 12.3%.

By: Keith Nuthall
+44 20 8652 3214

< previous article(ICIS Chemical Business podcast November 2, 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly