【Tax rate increase leads to loose supply and demand, coal enterprises

Published: Apr 14, 2024 12:12

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【Tax rate increase leads to loose supply and demand, coal enterprises facing potential "double blow" in second quarter】April and May are traditionally low season for the coal industry, and this April and May, the coal industry may face greater challenges. On the one hand, Shanxi province has raised coal resource tax, leading to a partial increase in costs for some coal enterprises due to the tax rate increase; on the other hand, coal terminal prices have fallen due to weak market demand, leaving coal enterprises facing the double pressure of "rising costs and falling prices.

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