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“Southeast Asian BPA, phenol and acetone exports to China gain a considerable advantage under new tariffs recently unveiled by the customs authorities which take effect 1 January.”
The 5.5% duty charged on bisphenol-A (BPA) cargoes entering the mainland’s ports from countries was removed from the start of 2009.
Producers in southeast Asia cheered the latest tax reduction movement and said that new trade dynamics would arise from these tax-exempt concessions.
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