RE prices stabilize, expected resource tax fermentation

Festival of rare earth products prices remain stable. Praseodymium neodymium based rare-earth products prices of basic and pre-holiday flat. Now the Ministry of Finance for the resource tax reform is a long-term cost of rare earth products support. But the rare earth market weakness has been a long time, the transaction is still in the stage light, praseodymium neodymium price currently offer basically do anything in the short term rare-earth prices is still stressful.

Financial Post rare earth resource tax rate on taxable embodiment, the light rare earth by region to implement the applicable tax rate from 11.5 to 7.5% of the heavy rare earth resource tax applicable tax rate is 27%. Countries hope through resource tax reform efforts to raise taxes, thereby increasing mining costs and export prices, so as to achieve mineral protection. Today, the state clearly tax standards "in accordance with the principle of no increase in the corporate tax rate to determine reasonable", significantly lower than market expectations. "Tariff elimination + resource tax burden unchanged", affected, significantly reducing the cost of short-term pressure upstream mining enterprises, and downstream transmission, indirectly help to improve the downstream demand.


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

• < Prev
• Next >