China's Finance Ministry will reduce export tax rebate rate for refined oil products, photovoltaics, batteries, and select non-metallic mineral products from 13-9% from Dec 2024
- Will cancel the export tax rebate for aluminium and copper products, and chemically modified animal, plant, or microbial oils and fats
Reaction details (10:28)
- An update which has benefited the industries/assets mentioned, with the likes of HG copper lifting to incremental fresh highs.
15 Nov 2024 - 10:19- MetalsImportant- Source: Newswires
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