Fertilizer tariff adjustments will be less next year
On December 16, the Customs Tariff Commission of the State Council officially announced the 2010 Tariff Implementation Plan. In 2010, there was no significant change in the fertilizer tariff policy in general, and the adjustment rate was not very large. The relevant person in charge of the Ministry of Finance stated that the current tariff adjustment, while maintaining the continuity and stability of the import and export taxation policy, pays more attention to exerting the leverage of the tariff control, further promoting the adjustment of the economic structure and changing the development mode.
In 2010, China will continue to implement its tariff reduction commitments to join the World Trade Organization, continue to implement import tariff quota management on three kinds of fertilizers such as urea, compound fertilizer and diammonium phosphate, and continue to implement 1% of urea, compound fertilizer and diammonium phosphate. Temporary quota tax rate. From the point of ensuring the domestic demand for agricultural production and fertilizer, we will continue to implement a low provisional import tax rate for agricultural production materials such as potash fertilizer.
The "Implementation Plan" pointed out that in 2010, it will continue to impose seasonal export tariffs on fertilizers such as urea and ammonium phosphate, and impose special export tariffs on some chemical fertilizers such as compound fertilizers. However, the provisional tax rate for fertilizer exports was slightly adjusted. The off-season extended for half a month, while the provisional tax rate for fertilizer off-season was lowered from 10% to 7%. In addition, according to the supply and demand conditions at home and abroad and the changes in market prices, the provisional tax rate for exports of some chemical fertilizers and their raw materials has been reduced.
According to the 2010 total amount of fertilizer tariff quotas announced by the Ministry of Commerce, the total amount of fertilizer tariff quotas that can be distributed in 2010 is: 3.3 million tons of urea, 6.9 million tons of diammonium phosphate, and 3.45 million tons of compound fertilizer. Among them, the amount of import quotas for state-run trade is: 2.97 million tons of urea, 3.52 million tons of diammonium phosphate, and 1.76 million tons of compound fertilizer; the import quotas for non-state trade are: 330,000 tons of urea, 3.38 million tons of diammonium phosphate, and compound Fertilizer 1.69 million tons.
It is understood that the current cost of domestic urea is about 1,460 yuan per ton (gas head) and 1,500 yuan (coal head). In the international market, urea prices have risen under the drastic increase in natural gas prices. The current price is within 300 US dollars per ton. According to industry insiders, domestic urea can be exported in the off-season.
In 2010, China will continue to implement its tariff reduction commitments to join the World Trade Organization, continue to implement import tariff quota management on three kinds of fertilizers such as urea, compound fertilizer and diammonium phosphate, and continue to implement 1% of urea, compound fertilizer and diammonium phosphate. Temporary quota tax rate. From the point of ensuring the domestic demand for agricultural production and fertilizer, we will continue to implement a low provisional import tax rate for agricultural production materials such as potash fertilizer.
The "Implementation Plan" pointed out that in 2010, it will continue to impose seasonal export tariffs on fertilizers such as urea and ammonium phosphate, and impose special export tariffs on some chemical fertilizers such as compound fertilizers. However, the provisional tax rate for fertilizer exports was slightly adjusted. The off-season extended for half a month, while the provisional tax rate for fertilizer off-season was lowered from 10% to 7%. In addition, according to the supply and demand conditions at home and abroad and the changes in market prices, the provisional tax rate for exports of some chemical fertilizers and their raw materials has been reduced.
According to the 2010 total amount of fertilizer tariff quotas announced by the Ministry of Commerce, the total amount of fertilizer tariff quotas that can be distributed in 2010 is: 3.3 million tons of urea, 6.9 million tons of diammonium phosphate, and 3.45 million tons of compound fertilizer. Among them, the amount of import quotas for state-run trade is: 2.97 million tons of urea, 3.52 million tons of diammonium phosphate, and 1.76 million tons of compound fertilizer; the import quotas for non-state trade are: 330,000 tons of urea, 3.38 million tons of diammonium phosphate, and compound Fertilizer 1.69 million tons.
It is understood that the current cost of domestic urea is about 1,460 yuan per ton (gas head) and 1,500 yuan (coal head). In the international market, urea prices have risen under the drastic increase in natural gas prices. The current price is within 300 US dollars per ton. According to industry insiders, domestic urea can be exported in the off-season.
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