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PP import duty cancelled in Brazil2 Apr 2021 / ChemCourier. Polyolefins Market Weekly / production

‘It is easier to import PP to meet local needs now,’ a trader from Brazil has commented on the local government’s decision to remove a 14% import duty on PP. Meanwhile, the Foreign Trade Chamber has mentioned that the decision has been in force for three months already.

‘The PP market is extremely tight in Latin America and is expected to remain so for at least one or two months as delivery takes time,’ a trader has opined. Current PP import price form China is $1,680-1,730/t CFR Brazil.

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