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Article: Tax payment in the export of chemical fertilizers.(Trade)
- Article from:
- China Chemical Reporter
- Article date:
- November 16, 2004
CopyrightCOPYRIGHT 2004 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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China started the imposition of export tax to restrict the export of chemical fertilizers from November this year. This method can ensure the price stability of chemical fertilizers in the domestic market and also protect farmers from high cost.
The cost increase of energy, raw materials and freight has led to a constant increase of the production cost in chemical fertilizers this year. At the same time, Chinese government has implemented measures for the price restriction of chemical fertilizers in order to protect farmers from high cost. Chemical fertilizer producers therefore have not much enthusiasm in domestic sales. Those with necessary conditions are ...