29 June 2012 10:59 [Source: ICIS news]
MOSCOW (ICIS)--The Russian government on Friday announced a downward review of export duties on petrochemical products for July.
Next month, the duty levied on ethylene, propylene, butylene and butadiene will amount to $133/tonne (€106/tonne), down from $237.10/tonne in June, according to a decree signed by Russian Prime Minister Dmitry Medvedev.
From 1 July, the duty levied on benzene, xylenes and toluene is set at $243.70/tonne, or down from $277/tonne. Propylene trimer and propylene tetramer will be subject to a $24/tonne duty, down from $27.20/tonne.
($1 = €0.80)
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