China Cancelled Provisional Export Tariffs of Copper Anode in 2022

Published: Dec 17, 2021 15:36
Source: SMM
China has adjusted the import and export tariffs of some commodities, effective January 1, 2022, in accordance with the Regulations on Import and Export Tariffs of the People's Republic of China.

SHANGHAI, Dec 17 – China has adjusted the import and export tariffs of some commodities, effective January 1, 2022, in accordance with the Regulations on Import and Export Tariffs of the People's Republic of China.

Compare the import and export tariffs of copper-related products in 2021 and 2022, the provisional tariffs for only unrefined copper and copper anode for electrolytic refining (HS code: 74020000) have changed, while those of the remaining copper-related products remain unchanged.

As far as SMM understood, the provisional export tariff for unrefined copper and copper anode used in electrolytic refining will be cancelled in 2022. The tariff is 15% in 2021. The export tariff will be 30% in 2022.

In 2020, a total of 66 mt of this product was exported, and a total of 122 mt was exported from January to October 2021. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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