A U.S./Canadian malting company offers new crop malt at US$ 320,- CIF West Coast of Central America. Argentina sold CIF Brazil at a level of around EUR 320,-, and inside Mercosur they do not have to pay the import tax of 10 % plus 25 % tax on the amount of ocean freight. On the other hand Argetina introduced an export tax of 10 %, even for shipments inside Mercosur.

15 July, 2003