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Export duties on potash and other commodities were abolished Comefrom:中国农资网    AddDate:2018-12-26    Hit:2565

The ministry of finance (MOF) announced on January 24 that from January 1, 2019, export duties will no longer be levied on 94 items of fertilizer (including potassium sulfate, potassium chloride, potassium nitrate, ternary compound fertilizer of nitrogen, phosphate and potassium, dual compound fertilizer of phosphorus and potassium, etc.) and apatite (raw material of phosphate fertilizer). According to the announcement, potash export tariff cancelled the policy of volume pricing, which was greatly affected. Analysts believe that this behavior will bring good news for potassium sulfate industry. It is expected that under the background of the new tariff policy, manufacturers and traders will actively expand overseas markets.