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Sulphur Imports Increased by Reduction of Import Tax and Warming Global Economy

Author:Guangzhou Customs of China

Release Time:12/04/2012

Price: $58 $29

Attention Rcvd:

According to the statistics by Guangzhou Customs, from January to July 2012, sulphur imports to Guangdong Province totaled 606,000 tons, with a value of USD 130 million, up 50.3% year-on-year and 56% year-on-year; the average import price was USD 217 per ton, up 3.7% year-on-year.

1. Main causes of sulphur imports to Guangdong up in Jan.-July:

(1). Reduction of import tax and warming global economy increased enterprises' positivity in sulphur imports.

(2). Optimistic phosphate fertilizer consumption prospect; higher international phosphate fertilizer price supported the rising sulphur import price.

2. Notable Matters:

(1). Upgrading import-export supervision and inspection may increase import costs.
(To be Continued)......Totally 7 Pages in This Report
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