COVERAGE NOTE: Changes to footnotes for China import pulp assessments
SINGAPORE, March 28, 2019 (RISI) – Following China’s decision to reduce VAT on pulp imports to 13% from Apr. 1, 2019, Fastmarkets RISI will adjust its footnotes for domestic and imported pulp assessments accordingly.
VAT was previously set at 16% and prior to May 1, 2018 at 17%. All footnotes online and in PPI Asia price watch tables will be corrected and the methodology guide will be updated.
For comments or queries, please email firstname.lastname@example.org, mentioning “VAT on China pulp imports” in the subject line of the email.
For more information on Fastmarkets RISI’s methodology for global pulp markets, please see here.
For other Fastmarkets RISI coverage notes please see here.