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China raised export tariffs to 110% Fertilizer
Time:2010-12-01   Read:1206second  

Ministry of Finance, 30, informed by the State Council, from December 1, 2010 until Dec. 31 only, for urea, diammonium phosphate, ammonium dihydrogen phosphate and ammonium dihydrogen phosphate and diammonium phosphate mixture by The tentative tax rate of 35% export duty, and imposed special export tariffs on 75%.
Urea, diammonium phosphate, ammonium dihydrogen phosphate and ammonium dihydrogen phosphate and diammonium phosphate are the main raw material as an agricultural fertilizer.
Ministry of Emergency raised export tariffs on fertilizer raw materials, mainly based on the urea industry has occurred across the country the worst in 15 years the production decline, in which output fell in October by 18%.
Insiders said the main reason for shrinking when fertilizer production in Shanxi, Shandong, Henan, Hebei province in fertilizer production, have varying degrees of limited power, and give local producers created a greater impact.
According to public information, in October, Shandong, urea production was 313,085 tons, down by 12.8%; production was 174,027 tons in Henan, reduced 33.6%, Shanxi and Hebei, the urea production is decreased by about 40%. The output of the 4 provinces of urea accounts for half of the country, and its decline, led the country since the emergence of urea 6 months year on year negative growth.
Analysts said that although the state fertilizer exports in December to adopt a new tariff measures, but the next spring's fertilizer supply situation will not optimistic.
Yesterday (29), the letter of his men issued a notice calling for strengthening coordination of operating elements of protection to meet the normal production and use of energy and transportation needs, protect the normal production and consumption of fertilizer to ensure normal production and squeezed sugar cane transport of electricity and diesel not rolling blackouts. (Where Bo)
 

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