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Positive non-ferrous metals industry, the export tax rebate rate - Appliance Motors by dfbd bgrhbtdfd





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Positive non-ferrous metals industry, the export tax rebate rate - Appliance Motors by
Article Posted: 03/31/2011
Article Views: 85
Articles Written: 971
Word Count: 571
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Positive non-ferrous metals industry, the export tax rebate rate - Appliance Motors


 
Business,Business News,Business Opportunities
Ministry of Finance, State Administration of Taxation recently issued the "electronic information on the improvement of textile export tax rebate rate of commodities such notice", specifically from April 1, 2009 increased from textiles, garments, light industry, electronic information, steel, nonferrous metals and petrochemical products export tax rebate rate. Investment consultant in industrial research center notice that some non-ferrous products to adjust export tax rebate rate of 9% to 17%. Mainly related to the volume of refined copper into the alloy of nickel bars, rods, profiles, hollow profiles and other aluminum products. Non-ferrous metal smelting and rolling processing industry to turn around loss Investment Advisor in the Research Center of Industry data shows that in February 2009, Chinese non-ferrous metal smelting and rolling processing value-added growth rate of 7.2% cumulative growth rate in 2009 was negative 1.5%. China in February 2009 Processing of value-added growth rate of 21.5% in 2009, the cumulative growth rate of 13.6%. National Bureau of Statistics recently released 1-2 months operation of industrial enterprises above designated size, the data show that non-ferrous metal smelting and rolling processing industry by the year's profit of 12.8 billion to a net loss of 1.93 billion. Second half of 2008, highlights the contradiction between supply and demand of non-ferrous metals industry, a serious excess capacity, inventory, deterioration, non-ferrous metals prices diving, and some products have been approaching the cost price. The face of weak demand, non-ferrous industry have cut production, but still can not improve the deteriorating industry fundamentals. Currently, aluminum, copper, lead, zinc and nickel and other non-ferrous metal prices have decreased more than 50%, non-ferrous metals industry has entered a deep adjustment phase. Good industry to adjust export tax rebate rate Investment consultant in industrial research center is expected, the export tax rebate rate adjustment will help the industry rebound. The export tax rebate rate of products, some non-ferrous products to adjust export tax rebate rate of 9% to 17%. Mainly related to the volume of refined copper into the alloy of nickel bars, rods, profiles, hollow aluminum profiles and other products. Data show that in the last quarter of last inventory, hit by deleveraging, lower demand for non-ferrous industry, almost in shock, the first quarter of this year to restore rigid demand, caused by downstream inventories begin to rebuild, in the second quarter will enter the traditional peak season, if leveraging national economic stimulus plan, needs more than expected first quarter, the sub-sector is relatively strong fundamentals in the copper, lead and zinc were the bottom of the feature. In addition, because many kinds of nonferrous metal products, wide application field, related degree, in the economic and social development plays an important role in the characteristics of state issued a timely light industries and non-ferrous metals, nonferrous metals, light industries and warmer for the non-ferrous metals provided a guarantee. Investment consultant in industrial research centers also believes that more can improve the competitiveness of the domestic non-ferrous metal products, will help promote exports and increase employment. Future metal price trend will depend on the "demand" factors in the real economy has not really recover, the demand for metals is difficult to short-term rapid amplification, excess capacity is difficult to make the industry boom of fast recovery.

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