China Financial Daily

October 31, 2008

China Acrylic Yarn Export and Ban of Export Directory

Filed under: Financial News — Tags: — Nancy @ 1:00 am -0700

Acrylic Yarn Export Volume and Prices all fell in September
According to Customs statistics, China only exported 9180 tons of acrylic yarn in September 2008, which reduced 3145 tons compared with the previous month; China totally earned foreign exchange of 1 million USD through exports, which reduced 9.35% compared with last month; the average export unit price fell to 3897 U.S. dollars / ton, which reduced 5.91% compared with the last month.

Policy Changes Induce the coordinated development of foreign trade in import and export of machine tools industry
Recently, China issued a series of national import and export trade policies, such as, processing trade ban catalog, encouragement on import of technologies and products directory, government procurement management, etc. In order to optimize the structure of our export commodities, control high pollution, high-risk environment for commodity exports, and promote the transformation and upgrading of processing trade, in April 5, 2008, the Ministry of Commerce, the General Administration of Customs jointly issued the 2008 No. 22 Notice and issued “2008 processing trade ban catalog “.

5 commodities included in the ban of export directory
In the Machine tool industry, there are 5 commodities included in the ban of export directory, that is, corundum rock, pulverized corundum and other natural abrasive corundum (Tax Identification Number 25132000), brown fused alumina (Tax Identification Number 28181010), the other man-made corundum (Tax Identification Number 28181090), carbon silicon (Tax Identification Number 28492000), and boron carbide (Tax Identification Number 28499010).

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