China Cancelled Provisional Export Tariffs of Copper Anode in 2022

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.