China to end export tax rebates on aluminum, copper, biofuel feedstock Dec. 1

China has announced sweeping changes to its export tax rebates for key commodities, including aluminum, copper and oil products, effective Dec. 1, sending shockwaves through markets on fears of reduced trade flows. In a statement Nov. 15, China’s finance ministry said that from next month, it will end tax relief for exports of products spanning aluminum, copper and biofuel feedstocks,…China has announced sweeping changes to its export tax rebates for key commodities, including aluminum, copper and oil products, effective Dec. 1, sending shockwaves through markets on fears of reduced trade flows. In a statement Nov. 15, China’s finance ministry said that from next month, it will end tax relief for exports of products spanning aluminum, copper and biofuel feedstocks,…Read More