Russia reviews petrochemical export duties

30 September 2011 10:35  [Source: ICIS news]

MOSCOW (ICIS)--Russia has reviewed its petrochemical export duties from 1 October, according to a decree signed by Russian Prime Minister Vladimir Putin.

Next month, the export duty levied on ethylene, propylene, butylene and butadiene (BD) amounts to $196.6/tonne (€145.4/tonne), up from $192/tonne in September, according to the decree.

The duty levied on benzene, xylene and toluene was set at $271.5/tonne, down from $297.5/tonne.

Russia reviews the export duties levied on petrochemical products on a monthly basis, following changes in the crude oil export duty.

From 1 October, Russia's export duty on crude oil will be set at $411.4/tonne, down from $444.1/tonne in September.

($1 = €0.74)

By: Sergei Blagov
+44 20 8652 3214

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