Several Export Tariffs to Be Cut in China in 2014
CHEMMONITOR.COM - Export tax on indium in China is set to be decreased from 5% to 2% in 2014. The reduction of export tax resulted from the years of lobbying by Chinese companies.
In the winter of 2007, the country imposed a 15% export tax on indium. In 2009, the tax was cut to 5% in order to stimulate indium exports after the world financial crisis, which influenced volumes.