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Import Tariff
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China to Eliminate Import Tax on Australian Coal
Dec 16, 2016Australian thermal coal cargoes arriving at China's ports on January 1, 2017, and thereafter will be clear of the Asian country's 2% import tax, currently equivalent to $1.50/mt, and levied on the delivered CFR South China price of ...
Tags: Thermal Coal, Coal
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Crude Oil Imports Continue on High Run Rates
Jan 16, 2016With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...
Tags: oil product, bitumen
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China to Eliminate Its 6% Tariff on Imports of Australian Thermal Coal
Jun 20, 2015Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
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South Africa Will Stop Imposing Tariffs on Poultry Imports From The Us
Jun 11, 2015South Africa will stop imposing tariffs on poultry imports from the US, paving the way to resume trade in the country which had been closed for the past 15 years. The two countries have reached an agreement to this effect, as per which, ...
Tags: Agriculture, Food, Policy, Opinion
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Australia to Reduce Tariff on Import of Textiles From Pakistan Beginning 2015
Nov 18, 2014The Government of Australia will reduce tariff on import of textiles from Pakistan beginning 2015, Australian High Commissioner to Pakistan Peter Heyward has said. Speaking at the fourth annual dinner of the Pakistan Australia Business ...
Tags: import of textiles, bilateral trade, Textile
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New York Cotton Futures Moved Sideways Last Week
Oct 28, 2014New York cotton futures moved sideways last week, as December dropped 52 points to close at 63.04 cents/lb, while March gained 17 points to close at 61.88 cents/lb. "The main feature this week was the drop in volatility, as the market is ...
Tags: New York, Cotton Futures, Textile
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Vietnam Announced AD Duty Investigation of Cold Rolled Stainless Steel Imports
Sep 9, 2014Vietnam's Ministry of Industry and Trade has announced its decision in the antidumping (AD) duty investigation of cold rolled stainless steel imports from China, Malaysia, Indonesia, and Taiwan. The ministry has decided that cold rolled ...
Tags: Stainless Steel, AD Duty
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Plan to Commence Operations at a Local Car Assembly Plant in China by The End of 2014
Apr 22, 2014British luxury car maker Jaguar Land Rover (JLR) is reportedly planning to commence operations at a local car assembly plant in China by the end of 2014. The move would allow the car maker to evade 25% import tariff levied by China and ...
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Projected 2013/14 World Wheat Production Is up 0.8 Million Tons to 712.7 Million
Mar 14, 2014Projected 2013/14 world wheat production is up 0.8 million tons this month to 712.7 million, further raising the historical record. In Australia, 2013/14 production is up 0.5 million tons to 27.0 million this month. The harvest in Australia ...
Tags: Wheat, cereal, Agriculture
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Cotton Arrivals Were Brisk All Over Cotton Mandies During Fortnight Ending February 28
Mar 4, 2014Cotton arrivals were brisk all over Cotton Mandies during fortnight ending February 28. Quality has been not to the required level in terms of fineness and uniformity etc since there was mixing up of 1st and 2nd pickings. Cotton prices ...
Tags: Cotton Prices, Apparel
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China Has Made Some Changes to Its Leather Products's Import Tariff
Feb 19, 2014China has made some changes to its leather products’ import tariff, with effect from January 1, 2014. According to the information released by China Leather Network, there is no change in average MFN tariff of 12.6 percent for ...
Tags: Leather Products, Import Tariff
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India and Nigeria Need to Have Closer Ties in The Textiles Sector
Feb 7, 2014India and Nigeria need to have closer ties in the textiles sector, Nigeria’s Minister of Industry, Trade and Investment Olusegun Aganga said during a meeting with business delegates from India in Lagos recently. Mr. Aganga said ...
Tags: cooperat, import tariff structure
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FTA with South Korea Will Not Automatically Translate to Cheaper Prices on Imported Cars
Dec 6, 2013Australia’s impending free trade agreement (FTA) with South Korea will not automatically translate to cheaper prices on imported cars, say the Southeast Asian country’s leading automotive importers. Prime Minister Tony Abbott ...
Tags: Car Prices, Hyundai
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BTAC Urged Canada's Finance Minister to Reconsider a Tariff Hike
Oct 15, 2013Canadian retailers are stuck between a rock and a government unwilling—so far—to drop a proposed tariff increase on imported bicycles despite a shutdown of all major bicycle manufacturing in Canada.? In a letter sent last week ...
Tags: UPS, Transportation, bike
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China Adjusts Tax on Plane, Lignite Imports
Sep 4, 2013China has increased the value-added tax from four percent to five percent on imports of planes with an empty weight of above 25 metric tons, the central government announced on Monday. Meanwhile, for imported planes with an empty ...
Tags: Tax, Lignite Imports
