STARCO CHEMICAL
Reliable,Stable and Professional Sources of China Products
Tel: +86 532 89691929
Fax:+86 532 89691929
Address:No 37,Beijing Road, Qingdao Free Trade Zone 266555, P.R.China
Email:info@okstarco.com
W E B: http://www.okstarco.com
December 16, 2014, the China Ministry of Finance released "2015 Tariff Implementation Plan." Cancel the program nitrogen, phosphorus export tariffs season season differences unified export duty to perform the annual tax or tax, potash export duties will not be adjusted. 2015, AP (ammonium and diammonium) annual export from the amount of taxable, tax is 100 yuan / ton; annual exports of urea from the taxable amount of tax is 80 yuan / ton; binary nitrogen and phosphorus fertilizer year round 5% export tariff; NPK annual 30%; potash export tariffs annual 600 yuan / ton.
Specifically, in 2015 the export tariff ammonium phosphate, urea and phosphorus fertilizer binary greater than the 2014 adjustment. AP off-season export tariffs increase over 2014 doubled compared with 2014 season export tariffs significantly reduced; urea off-season export tariffs doubled compared with 2014, the peak tariffs are significantly reduced. Nitrogen and phosphorus fertilizer in two yuan, while the elimination of export seasonal export tariffs compared with 2014 is also in the overall downward trend.
Companies generally optimistic about the new tariff policy orientation tends Market
The biggest change is that the new tariffs to cancel the off-season season window period is generally optimistic about the inside line. Deputy Secretary General of China Nitrogen Fertilizer Industry Association Colliers analysts believe that the new unified tariff rates throughout the year, the abolition of seasonal exports next year to achieve positive nitrogen. First, export enterprises planned layout will be more relaxed, reducing the chance of a second attempt to take advantage of the window of traders shorting the domestic market. For the full-year unified 80 yuan / ton export tax, although the 2014 off-season tariffs than 40 yuan / ton twice, but the annual average down is not high, a comprehensive look at more reasonable.
Faced with the new tariff adjustment, the domestic fertilizer production enterprises exhibited relatively calm and objective attitude. Minister of Guizhou Kailin limited liability company Market Nguyen Quoc Zhu said that the new tariff policy is a market-based fertilizer industry forward, more conducive to healthy competition between enterprises, benefit in the long run. He told reporters that with the implementation of the tariff policy, the market will not rule out the help of good speculation, fertilizer prices will rise, but overall, both the nitrogen fertilizer industry or industry, is still in overcapacity, the rise in prices is only temporary, as prices rise, industry operating rates will gradually increase, prices will gradually return. Overall, the new tariff policy is more conducive to the stability of the fertilizer market, the export situation, cancel seasonal, international buyers will re-examine the country's fertilizer market will operate according to the rhythm of the market, but it also can make the our fertilizer industry into the global market, making price volatility is reduced, which will help stabilize the industry.