China Raised The Export Tariff Norms Re

Ministry of Finance announced on the 14th show

, to regulate the export of rare earth, will raise the export tariffs of individual rare earth products, but the announcement did not announce what varieties of rare earth export tariffs will be raised and the rate increases, and a "particular product" is to show that the norms intensity is quite small.

Industry have long called for, although the Chinese Rare Earth reserves, production, exports are ranked first, but this does not mean that China Rare Earth "unlimited" RE by adjusting the export tax, to reflect the scarcity of various species.

Ministry of Finance announced in 2011, China will continue to be in the form of provisional tax rates on coal, crude oil, fertilizer,rare earth metal powder, non-ferrous metals such as "two high" (high energy consumption, high pollution and resource) products export tariffs. Imports in 2011, China will have 600 kinds of resources and basic raw materials and key components imported products, the implementation of the provisional tax year low. Among them,rare earth, the first implementation of the provisional tax year, including imports of propane, butane and other resource commodities.

This year,praseodymium powder, our exports of rare earths became the focus of global concern. This year in July, China announced cuts in the second half of the export quota of rare earth, lead to Japan, the United States and the European Union and other business and government complaints. For this, Vice Minister of Commerce Chen Jian responded that rare earth export quota in 2011 will not be substantially decreased, China will continue to implement rare earth export quota system.

Indeed, industry experts said, China rare earth has some advantages of the stock of course, but every year has been "responsible" for the world contributed more than 90% share. Ye Tao Thailand United researchers even said that with China's future great new demand for rare earth,Praseodymium metal powder, at some future time, do not rule out imports of Chinese rare earth resources will begin to turn.

Source: http://www.mhcrem.com

by: ddew

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