Yesterday (December 16), the Information Office of the Ministry of Finance released the news that, in order to support the industrial transformation and upgrading, promote foreign trade development pattern, since January 1, 2015, will be part of China’s commodity import and export tariff adjustments. Among them, starting next year will be an appropriate increase in the tentative tax rate of natural rubber and other commodities.
Insiders revealed that starting next year, natural rubber import duties may from 1200 yuan / ton raised to 1600 yuan / ton, while the natural latex import tariff from 720 yuan / ton rose to 960 yuan / ton. Zhuo record information Wuwei Ru natural rubber industry analyst said that at present it seems that this policy may be beneficial to the domestic market, increase domestic rubber consumption, but the price of natural rubber is still the main factors affecting the demand side.
Favorable domestic natural rubber
Ministry of Finance said the move is to adjust the industrial structure, optimize trade structure, strengthen import and export management. After this round of adjustment, in 2015 the total number of tariff lines by 8277 to 8285.
Although the state transfer tax and export merchandise categories have clear rules but has not yet landed. Many natural rubber industry insiders told the “Daily Economic News” reporter, said, according to their understanding, 2015 tariff adjustment rules of natural rubber, natural rubber, or from the amount of tax will be increased from 1200 yuan / ton rose to 1600 yuan / ton, while the natural latex from 720 yuan / ton rose to 960 yuan / ton, but “more than just a preliminary discussion of the results.”
“Natural rubber import duty rose 1,600 yuan / ton is unlikely, probably around 1500 yuan / ton.” Secretary-General of China Association of Natural Rubber Zheng Wenrong says.
Rubber Research Institute of Chinese Academy of Tropical Agricultural Economic Task Force industry researcher Yong Mo industry believes that “personal estimate concentrated latex rate is 750 yuan / ton, or remain unchanged.”
This year for the domestic natural rubber industry, can be described as “worse.” In September, domestic prices even fell below Adhesive yuan per ton, the market prices in the following businesses and rubber farmers in the production cost of the line.
“Raised import tariffs to protect the domestic natural rubber market intention is clear, for the relatively sluggish domestic natural rubber market is good.” Wuwei Ru expressed.
Mo industry Yong also said that the tariff increase domestic natural rubber market will play a protective role, “can also spur domestic natural rubber prices. Even if it does not increase domestic natural rubber prices, but also to increase sales of domestic natural rubber.”
Wuwei Ru believe that the current policy on the domestic market may be beneficial to look at, you can increase the domestic rubber consumption.”But the factors of domestic natural rubber prices are still the main demand.”
Need remediation adhesive chaos
One industry analyst, told reporters on condition of anonymity, in the context of this tariff policy, border trade of goods may increase, which made plastic, it may not be able to support the price. “Imports from Vietnam 3L plastic types, some are over the border, not including tax, there is a price advantage. In this case, the domestic rubber is not dominant.”
郑文荣 believes that the protection of domestic natural rubber industry “zero tariff” to start the first question from the adhesive. “Imported rubber for very many, including natural rubber, smoked sheet and adhesive, etc., can not only play a significant role in improving the rate of natural rubber.”
The so-called adhesive means “purity of 95% to 99.5% of the rubber.” In 2009, ASEAN member agreement rate of adhesive from 5% to 0 again, which has become the natural rubber import tariff avoidance loopholes.
Zheng Wenrong told reporters that the large number of so-called zero-tariff import adhesive, either dig a hole in natural rubber, synthetic rubber, or other piece of fill material, labeled “adhesive” tab to come in the name of adhesive. Or is the use of inferior materials made of, affecting the quality of the domestic downstream manufacturing. Therefore, the state protection of the natural rubber industry, the first to import adhesive remediation chaos.
“Natural rubber import tariffs upgrade will increase the cost of production of downstream production companies such as tire companies, both upstream and downstream of no benefit.” Zheng Wenrong said protecting the domestic rubber industry, the state should first focus on adhesive tariffs and increase the production of natural rubber of subsidized inputs, the next adjustment is appropriate tariffs
Translated by Google Translator from http://news.cria.org.cn/3/24969.html
