26 December 2012 20:48 [Source: ICIS news]
MOSCOW (ICIS)--The Russian government on Wednesday released a decision to review export duties applicable to petrochemical products.
In January, the duty levied on ethylene, propylene, butylene and butadiene (BD) will increase to $198.70/tonne (€151.01/tonne) from $197.40/tonne in December, according to the decree N 1368 signed by Prime Minister Dmitry Medvedev.
However, the export duty levied on gasoline and naphta will be $356.00/tonne, marginally down from $356.80/tonne in December, according to the decree.
The duty levied on benzene, xylenes and toluene is set at $261.10/tonne, down from $261.70/tonne.
Russia reviews its export duties levied on petrochemical products once a month, largely in accordance with changes of the crude oil export duty.
In addition, the export duty levied on crude oil will amount to $395.60/tonne, down from $396.50/tonne in December.
($1 = €0.76)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections