2018.12.19-National New Deal Released, Greatly Favoring Synthetic Rubber Industry

2018-12-19

For a long time, the inconsistent classification of synthetic rubber in customs declaration and the inconsistent implementation of tax rates have had a greater impact on its exports. On December 6, the General Administration of Customs issued a decision on the classification of some commodities in 2018. The announcement solved this problem to a certain extent. Industry insiders said that the classification of synthetic rubber has plagued the industry for many years. As the state's export tax rebate rate for general trade synthetic rubber "plates, sheets and belts" was adjusted to zero in July 2011, the judgment on the export classification of synthetic rubber directly affected the export tax rebate rate of products, resulting in a significant decline in the export volume of synthetic rubber, with the export volume of synthetic rubber falling from a peak of 290000 tons in 2011 to about 200000 tons. After the country issued the classification decision of synthetic rubber in December 2007, the actual implementation resulted in not classifying synthetic rubber products according to the actual form, and expanded the classification scope of synthetic rubber "plate, sheet and belt", and classified most of the "block" primary shape rubber normally produced as "plate, sheet and belt", as a result, the number of synthetic rubber import and export commodities classified as "plates, sheets and belts" has increased year by year. The classification revision released this time has added the description of the classification of synthetic rubber according to the primary shape, which will promote the accurate classification and unification of the import and export commodities of synthetic rubber and have a positive impact on increasing the export of synthetic rubber. At present, the export tax rebate rate of synthetic rubber primary shape products has been increased to 10% and 13%, and it is expected that the number of synthetic rubber exports with primary shape will increase year by year, this may promote the production of China's synthetic rubber in the world to the international market.

Near the end of the year rubber or face a huge test

2018-12-17

Judging from the overall trend last week, rubber is still in a low-level fluctuation. In the middle of December, the New Year is coming soon. Will rubber face new challenges in the new year? Fundamentally speaking, the weather in the rubber-producing countries last week was not very good, and there is some room for profit. On the 12th, the prices of some raw materials in Thailand have rebounded. Thailand has boosted rubber prices and advocated the "one village, one kilometer" plan to pave the way with natural latex. Earlier, Thailand 18.6 billion Thai baht to support rubber farmers and Indonesia purchased 5000 tons of raw rubber. In terms of cost, crude oil prices will have new trends. Saudi Arabia will drastically reduce oil exports to the United States. Rosneft has also begun to terminate Russia's crude oil cooperation with Iran, focusing more on Russia's internal growth. Crude oil rose 3% overnight on the 14th. It may boost rubber prices in the future. Last Friday, in stock prices in all regions have risen to some extent. bad news is also frequent. Automobile production and sales continued to show a significant decline in November compared with the same period last year, continuing the downturn since July. in stock prices were mixed, with mixed rubber rising slightly by 50 yuan/ton and total latex falling by 200 yuan/ton. As the end of the year approaches, the pressure on traders to ship has become greater, which has suppressed rubber prices to a certain extent. Another, the domestic stock market is still in the doldrums. Another thing worth mentioning here is the above-mentioned favorable conditions. Every time a rubber-producing country puts forward an offer, futures will decline to a certain extent. Whether this is just a news release and has not been implemented remains to be verified. After the long and short offset, rubber prices are still dominated by short-term sentiment, it is recommended in this week's trading strategy on the short-term position short single, is expected to impact the range of shocks near the low 10900.

< 1...585960...67 >