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Beginning in December, domestic fertilizer products will encounter more stringent export restrictions. It is reported that the forthcoming policy will generally lower the export tax base price of major agricultural chemical fertilizer products. This new policy aims to control the possible increase in the price of new agricultural products due to cost promotion.
It is alleged that under the new restrictions policy, if the offshore prices of fertilizer products are exported, the tax rate will gradually increase. In addition, the restriction policy also shortens the window period for fertilizer exports, and the phosphate fertilizer products and urea products have been shortened from six months and six months to four months. Fertilizer industry sources said that the above restrictions are actually blocking the production of fertilizers all over the country. The industry is forced to cut prices to reduce agricultural costs and expectations of rising prices, which will cause no harm to chemical fertilizer companies. "Because, if calculated in accordance with the adjusted benchmark price, plus tariffs, corporate exports are a loss, and exports are equal to self-inflicted."
The current fertilizer export restriction policy was reported to the State Council from brewing to form a final plan, and it was less than a month before and after. The National Development and Reform Commission and the Ministry of Agriculture hope that this move will reduce the cost of agricultural products and thus weaken the future price of agricultural products.
It is alleged that under the new restrictions policy, if the offshore prices of fertilizer products are exported, the tax rate will gradually increase. In addition, the restriction policy also shortens the window period for fertilizer exports, and the phosphate fertilizer products and urea products have been shortened from six months and six months to four months. Fertilizer industry sources said that the above restrictions are actually blocking the production of fertilizers all over the country. The industry is forced to cut prices to reduce agricultural costs and expectations of rising prices, which will cause no harm to chemical fertilizer companies. "Because, if calculated in accordance with the adjusted benchmark price, plus tariffs, corporate exports are a loss, and exports are equal to self-inflicted."
The current fertilizer export restriction policy was reported to the State Council from brewing to form a final plan, and it was less than a month before and after. The National Development and Reform Commission and the Ministry of Agriculture hope that this move will reduce the cost of agricultural products and thus weaken the future price of agricultural products.
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