Chinese exporters to hike prices, renegotiate contracts after tax rebate cuts, sources say
Chinese exporters of a wide range of products from aluminium goods to used cooking oil and solar power gear will raise prices and renegotiate contracts to pass on the cost of Beijing's tax incentive cuts,
China to address world’s overcapacity concerns by cutting export-tax rebate
China will lower its tax rebates for exports of solar and lithium battery products, seeking to ease international concerns about overcapacity in its new-energy sector, which has led to rising trade tensions.
China cuts export tax rebate for solar products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
China to cut or cancel export tax rebates for products including aluminium
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1.
Breaking News! Export Tax Rebate for Aluminum Extrusion to Be Cancelled! [SMM Analysis]
SMM, November 18, 2024: On November 15, 2024, the Ministry of Finance issued the "Announcement on Adjusting Export Tax Rebate Policies."
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
China Says To Scrap Export Tax Rebate For Aluminium, Copper
China's finance ministry said Friday it was cancelling export tax rebates for metals like aluminium and copper, and certain other goods, beginning next month.
Hindalco to benefit from China scrapping export tax rebate: here’s how
India’s Hindalco Industries said China’s move to cancel export tax rebates on aluminum would benefit the company.
SMM Analysis on Impact of China's Cancellation of Aluminum Semis Export Tax Rebate
On November 15, 2024, the Ministry of Finance issued the "Announcement on Adjusting Export Tax Rebate Policies," with the following content: 1. Cancellation of export tax rebates for aluminum semis, copper semis,
Malaysia's Aluminum Stocks Rise After China Ends Export-Tax Rebate
Shares of Malaysian aluminum companies rose after China's finance ministry said it would end an export-tax rebate for the base metal.
Aluminum Soars as China Scraps Tax Sweetener That Fueled Exports
Aluminum jumped on Friday after China said it would cancel a tax rebate that’s helped fuel a decades-long boom in exports and shielded an industry prone to overcapacity.
Aluminum Resumes Gains on Export Tax Rejig and Subdued Dollar
Aluminum resumed gains on concerns global supplies would tighten following China’s removal of an export tax rebate, while a ...
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China cuts tax rebate on select export products, global metal stocks in focus
China last week decided to reduce or cancel export tax rebates for select products made of aluminium and copper, along ...