Rare earth industry policy is expected to be launched soon follow

At present, China's rare earth export quotas and tariffs facing adjustment pressures. Insiders pointed out that the main tone of China's rare earth industry policy has not changed, even if the policy adjustment, the market impact will be limited. Future standardization of China's rare earth industry, environmental protection and other aspects of the work, will continue to promote the follow-up policy is expected to be launched soon.

WTO ruled in March this year, China's rare earth, tungsten, molybdenum export management measures related products violations. After an appeal to China, but has not yet ushered in the final sentence. Nevertheless, the industry has expected future export quotas and tariff policy will face adjustments.

"Adjusting export quotas and tariffs in the industry has long been expected, just a matter of time. "A rare earth industry sources said export policy adjustment, although the export volume will increase in the short term, but the impact on trade and industry is very limited.

Indeed, despite the implementation of the export quota management system, but China's export quota of rare earth had been no "run out." Data show that in 2013 China's export quota of rare earth approximately 3.1 million tons, but in 2013 China's exports of rare earth ores, metals and compounds of 22,500 tons, the quota utilization rate of 72.5%. Currently, the Ministry of Commerce has issued the first batch of rare earth export quotas for 2014, a total of 15,110 tons of rare earth severity, down 2.5% compared with the first batch of 2013, a total of 27 enterprises to obtain export quotas.

Bing Du Shuai analyst said that the current rare earth export tariffs of 25% -30%, will increase the export volume of China's rare earth shortly after policy adjustments, rare earth export prices have come down, but the long term impact on the market is small. "For large domestic rare earth enterprises, hands do have quotas, so little impact export policy adjustments. "Du handsome soldier said.

As one of the raw material indispensable high-tech industries, rare earth has become an important strategic resource. At present, China is accelerating the management of the rare earth industry, focused on solving the rare private dug Luancai, smelting process of pollution. While also accelerating the formation of a large group of rare earth, changing the pattern of confusion in the industry.

Insiders pointed out that the export quota and tariff policy adjustments, China will promote the introduction of resource tax and other relevant policies, strict management of production sources of rare earth exports, only production, environmental protection and other indicators of qualified companies can export from the source to improve chaos exports of rare earths.


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