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EU Price Announcement
Related to announcement released on 8 October
Europe (Scan Baltic / UK / NWC / West Med / Adriatic/ Black Sea / East Med / Greece and Turkey)
EU Price announcement
This is an international goods classification system for describing cargo in international trade under a single commodity coding scheme.
Developed under the auspices of the Customs Cooperations Council (CCC), an international Customs organisation in Brussels, this code is a hierarchically structured product nomenclature containing approximately 5,000 headings and subheadings. It is organised into 99 chapters and arranged into 22 sections.
Sections encompass an industry; chapters encompass the various materials and products of the industry.
The basic code contains 44 headings and 6 digit subheadings.
Many countries add digits for Customs tariff and statistical purposes.
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