11 September 2013 20:07 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--Brazil's Chamber of Foreign Trade (Camex) has reduced the barium carbonate imports tariff to 2% from 10% as a way to prevent a lack of the product in the domestic market, Camex said on Wednesday.
The tax reduction, good for 180 days, applies to imports of up 4,125 tonnes of "barium carbonate with a level of purity superior or equal to 90%", it said.
The product is used in the chemical and the chlor-alkali industries, among others, Camex said.
The foreign trade chamber has been lowering many tariffs this year to avoid shortages of products.
Import tariffs have been lowered in recent months for pentaerythritol, polytetrafluoroethylene, partially oriented yarn (POY), biaxially orientated polypropylene (BOPP) and caprolactam (capro), among others.
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