More than 50% of citric acid used in Europe is imported from China.
EU uses a MIP (Minimum Import Price) which is defined every quarter in function of macro economical parameters
( change , raw material evolution) with the objective to protect the European industry.
It exists a big difference between the MIP and world price of citric acid.
For European companies exporting outside of the EU , IPR applied to citric acid can represent a significant improve of competitiveness.
Custom code will be 29181400.
Do not hesitate to contact us to know more about it.