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    Organic Pigment Industry Calls For Resumption Of Export Tax Rebates

    2018/10/26 10:34:00 131

    DyeOrganic PigmentsExport Tax RebateShanghai

    On October 23-24, held in Shanghai on 2018, the annual meeting of the international organic pigment industry on both sides of the Taiwan Strait, delegates said that the United States imposed tariffs on China's organic dye exports greater impact, and hoped that the state can resume export tax rebates.

    according to

    Dong Shunqing, sales director of Shanghai Ying Yan Chemical Import & Export Co., Ltd.

    It was introduced that the export tax rebate for organic pigments in China was cancelled in 2007. However, the dye intermediates still enjoy 6-9% export tax rebate, which makes the export price of dye intermediate in China lower than the domestic price, which will weaken the international competitiveness of China's organic pigments.

    At the same time, domestic enterprises' competitors, India enterprises enjoy organic pigments.

    Export tax rebate

    Today, the United States has also increased the export of organic pigments in China.

    Additional duties

    The competitiveness of China's organic pigments will further decline.

     

    Tian Liming, vice president of China Dyestuff Industry Association

    The list of US tax increases covers almost all types of organic pigments.

    According to the tax rate and the actual cost of the industry, it will be very difficult for our organic pigment to enter.

    American market

    In recent years, the growth of organic pigment production capacity in India and Korea has accelerated. It will take the opportunity to enter the US market and squeeze China's market share.

    Therefore, industry associations and related production and export enterprises all hope that the state will resume the export tax refund of organic pigments.

    Zhang Shui He, chairman of China dye Association organic pigments Committee, also expressed the same view.

    Tian Li Ming said that in recent years, the export volume of China's organic pigments and preparations is about 150 thousand tons per year, mainly exported to the United States, Holland, Germany, Belgium and other countries.

    The United States is China's first export country for organic pigments and preparations, with an annual export volume of about 23 thousand tons, accounting for nearly 15% of total exports.

    Relevant statistics show that in the first half of this year, the export volume of organic pigments and preparations in China was 68 thousand tons, down 10% from the same period last year.

      

    Shi Xianping, President of China Dyestuff Industry Association

    It is further pointed out that organic pigment will be available in the United States in the future.

    Consumption keeps rising steadily

    Imports will continue to rise.

    According to the import structure of organic pigments in the United States, phthalocyanine products account for about 50%. India has a strong advantage before the Sino US trade war. If tariff increases further, China will lose this market. China's red and yellow products have advantages, but they will also be weakened by tariff increases.

    Shi Xianping believes that if the Sino US trade war continues for a long time, the impact will be very serious.

    Not only will India enterprises seize the opportunity to expand the US market, but also the local enterprises will increase their capacity.

    And indirect effects can not be ignored. If the downstream products of organic pigments are exported to the United States, if they are blocked, the consumption of organic pigment will also be reduced.

    At the meeting, Dong Shunqing brought the latest international developments to make enterprises more uneasy: India intermediate enterprise investment enthusiasm, azo pigment production capacity to accelerate growth.

    In addition, the main international

    Organic pigments

    Users have classified our country as a high-risk country.

    Zhang Shuihe stressed that

    Organic pigments

    Enterprises should do well in environmental safety and intensify innovation so as to meet challenges.

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