Customs cuts the levy of ammonium phosphate export guarantee

With the active efforts of the association and under the strong support and coordination of the National Development and Reform Commission and the General Administration of Customs, today's ammonium phosphate export duty deposit collection standards have finally been lowered. The DAP has been reduced from US$650/ton to US$580/ton, and has agreed to receive bank guarantees. .

On June 1st, the Association received a message from Yuntianhua International Chemicals that the Customs imposed an export tariff deposit on the export DAP and MAP in full at US$650 and US$620 per ton respectively. Under the current difficult situation of the industry, the company’s financial pressure is huge. The association immediately reported to the Department of Economic Affairs and Development of the National Development and Reform Commission and the Price Division. The Department of Economic Affairs and Trade led the immediate coordination. The Customs and Excise Department of the Customs and Excise Department gave great support and cooperation and it has a fruitful result today. Hereby inform.

MAP export companies are required to track the MAP export tariff deposits, after the association's proposed standard was 490 US dollars / ton.