After the revised EU GSP imports of polyethylene polypropylene impact on the show

From 1 January 2014, the EU's common tariff mechanism (GSP) to implement amendments, most Middle Eastern countries were excluded from the scope of the EU GSP beneficiary countries, raised to 6.5 percent tariff on imports of chemicals from the Middle East 3%. 90% of the European market, linear low density polyethylene from the Middle East, especially Saudi Arabia.Masking tape

 Impact of the EU to raise tariffs on polyethylene and polypropylene have been revealed, according to Eurostat statistics show that in January, a significant reduction in EU imports of polyethylene and polypropylene, total imports compared to December 2013 a decrease of 33.5%. In January, the European polyethylene imports compared to the same period last year grew 9.3% last month to reduce by 35.4%, of which imports of linear low density polyethylene largest qoq, reaching 63.1%, high density polyethylene imports growth of 3.6%. In January, the European polypropylene imports fell by 27.4% than the same period last year, down 23.2 percent.Wholesale masking tape