China Ends Export Tax Rebates – How Should Businesses Adapt?

China is preparing to implement a significant policy change effective December 1, 2024. The country will eliminate the 13% export tax refund on aluminum materials, copper materials, and several other items, a decision that industry experts predict will fundamentally reshape the international copper market.

China’s Position in the Global Copper Market

As the world’s largest copper producer and consumer, China wields unprecedented influence over global metal markets. Each strategic decision from Beijing can trigger immediate and far-reaching consequences for international trade, making this latest policy shift a critical development for manufacturers and traders worldwide.

The impact of policies on businesses around the world

Analysis from the International Metal Research Group (IMRG) highlights three key potential impacts:

Export Prices Expected to Surge 8-12%, directly affecting global pricing mechanisms.
Supply Chain Realignment: The policy will force global businesses to rapidly diversify their supply sources to adapt to changes
Competitive Landscape Transformation: China’s move could significantly erode its current market dominance, reshaping the international copper trade dynamics.

trung quoc thi hanh chinh sach moi cho dong va nhom — *The impact of policies on businesses around the world*

Dulico: Your Trusted Partner for Copper and Copper Alloy Products

While many businesses express concerns about finding alternative suppliers, Dulico stands prepared and confident. As Vietnam’s premier copper and metal processing manufacturer, we take pride in our ‘MADE IN VIETNAM’ products, affirming the quality and Vietnamese values.

Our competitive advantages include:

Closed production process with comprehensive quality control from raw materials to finished products.
Fast and flexible supply times.
Diverse product range with consistent quality, meeting international standards
Not affected by new policies from China