China: Fertiliser off-peak export tax cut from 10% to 7%
Description
As of January 1, 2010 China adjusted tariffs for fertilisers and some chemical products.
The off-season export tax on urea was cut from 10% to 7% and will be applied provided the exports were priced at or below specified base prices. For exports priced higher, a specific formula will be used for calculating the amount of tax.
Urea is primarily used as a fertiliser and widely traded on the market. It is also used in the manufacture of urea-formaldehyde resins, the synthesis of melamine, in adhesives and paints, and for laminates, moulding compounds, impregnating paper and textiles.
No changes were made to the peak-season fertilizer export tax, exports is then subject to a 110% export duty.
According to the Ministry of Commerce, the off-season periods in 2010 for Urea are January, 1 July to 15 September and 16 October to 31 December, while those for diammonium phosphate (DAP)/monoammonium phosphate (MAP) are January, June to August and 16 October to 31 December.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 1 Jan 2010
GTA Evaluation: Green
Source:
Urea Prices and Pricing Information
http://www.icis.com/v2/chemicals/9076557/Urea.html
China unveils new tariffs on chemicals, fertilizers for 2010
16 December 2009
http://www.icis.com/Articles/2009/12/16/9319561/china-unveils-new-tariff...
Large-scale fertilizer enterprises will become the market leader
http://www.articlesbase.com/industrial-articles/largescale-fertilizer-en...
Government Response:
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