The second batch of rare earth export quotas over the first batch of 390 tons

It is said that the Ministry of Commerce announced the 2014 list of the second batch of rare earth export quotas. According to the list of shows that in 2014 the second batch of rare earth export quota for the light rare earth 13,691 tons, 1,809 tons of heavy rare earths, totaling 15,500 tons, compared with 15,110 tons in 2014 the first batch of rare earth export quotas for more than 390 tons, while the second batch light rare earth export quotas and heavy rare earth quotas were the first batch of more than a 377 tons and 13 tons.

Although published annually around mid-year list of the second batch of export quotas is routine, but insiders said that the list of the second batch of rare earth export quota announcement, indicating that at least this year, China's rare earth export quota system still will not change. Previously, the outside world has been speculation that the country will abolish export quotas for the year rumors have proved unfounded.

Released a list of the second batch of export quotas

Since June, a number of foreign media have reported, the affected WTO litigation failed, China ready to abandon export duties and export quotas.

And some experts have said: "At present, lanthanum, cerium and other light rare earth products in excess of the state, but in recent years, a small amount of rare earth export quotas neither exhausted, release part of the light rare earth export restrictions, is conducive to downstream applications development and consumption of excess capacity. However, the specific embodiments are currently not identified. "

"With the second batch of rare earth export quotas announced the list of this year, the possibility of cancellation of export quota system has not, and the reason why the second batch of export quotas will increase over the first batch of 390 tons, is because you want to allow some Some rare earth enterprises to increase export volume only, and that 390 tons, will not cause much impact. "Insiders told reporters yesterday.

In recent years, China's rare earth export quotas stable at around 30,000 tons / year, however, due to a substantial decline in the global market demand for China's rare earth, resulting in nearly two years, the trend of China's rare earth export quota utilization is low. According to public information, in 2012 the annual export quota of 30,996 tons of rare earth utilization rate of 48.75%; 2011 was 30,184 tons, a utilization rate of 52.01%; 2013 rare earth export quota of 31,001 tons, the utilization rate of 72.5%, compared with substantial growth in 2012, but compared to last year's total exports fell by 37%.

"Failed WTO litigation, Chinese rare earth export policy is bound to be adjusted, but the short term is difficult to introduce specific programs. Domestically, the relevant policy adjustments are made​​, as early as May there was news that the relevant ministries are under discussion and preparation of rare earth resource tax reform is expected to substantially increase resources tax. "The industry told reporters. But he also said that the rare earth export quota reform afraid to put 2015 or later.

However, when it comes to resource tax, there are companies who can not help but worry that regard, because rare earth resources to improve the tax appears to be a good solution, but improved resource tax, costs go up, the price of the product should theoretically have improved, but if tax enforcement resources to cover the small and medium rare earth enterprises, become the focus of the problem, if not uniform implementation, the resource tax will be "useless."


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

WeChat