GNS Price Hike Looming?

10 October 2023

Please pay attention to the following. Pakistan, as it currently stands, loses its GSP+ trade status per end of 2023. What this means? Losing its GSP+ status (which grants duty-free access into the EU to more than 66 per cent of goods) would mean a probable, steep increase in ethanol pricing for EU distillers from early 2024 onwards.

Since Pakistan is a very large supplier of GNS, the impact on pricing could be substantial.

Solutions to this problem? Start making your own GNS with our amazing distillation technologies. Or purchase additional GNS before the end of the year.

www.iStill.com

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