High Tariff Containment Of Domestic Resource Products

As market The "visible hand" of regulation, since this year, governments have been focusing on their own resources Products frequently adopt higher tariffs policy Protection.

Russian Prime Minister Vladimir Putin recently issued an order, starting from the first day of this month, Russia's crude oil export tariff rose from 290.6 dollars per ton to 303.8 dollars per ton. At the same time, the export tax on light petroleum products was raised from $208.1 per ton to $217 per ton, and the export tax on heavy petroleum products was raised from $112.1 per ton to $116.9 per ton. In April and October this year, the Russian government has raised crude oil export tariffs. It is understood that before December 2008, the Russian government adjusted its export tariffs on crude oil and petroleum products every two months. Since December 2008, as the price of Ural crude oil, the standard export crude oil of Russia, has risen, the Russian government has started to adjust tariffs on oil and petroleum products month by month in order to quickly respond to the impact of world oil price fluctuations. The adjustment of its crude oil export tariff policy is mainly based on the price trend of Ural crude oil. From the 15th day of each month, the average price of the next 14 days is calculated as the benchmark price.

This year, India's policy of adjusting export tariffs on its iron ore products has changed. A few years ago, in order to prevent the collapse of some mining enterprises from affecting the domestic economy, the Indian government had lowered the iron ore export tariff twice in a row in the first ten days of November 2008. In addition, due to the reduction of global steel production in 2008, the demand for iron ore decreased. On December 7 of that year, the Ministry of Finance of India announced to cut the export tax of block ores to 5% to promote the country's iron ore export. However, in order to promote the reasonable development of domestic iron ore enterprises, after the trend of global demand pulling, dollar depreciation and blind import of steel enterprises, the Indian government's export tariff on iron ore lump ores was raised from 5% to 10% on December 25, 2009, which led to the rise of spot prices of iron ore imported from India by other countries. On April 29 this year, India again raised the export tariff of iron ore from 10% to 15%. It is reported that it has been raised to 25%.

As a big rubber producer and exporter, Thailand implemented a new policy on rubber export tariffs on October 1 this year. According to the new tax system, when the price of rubber per kilogram is 10~60 THB, the tariff is 1.4 THB/kg; When the price of rubber per kilogram is 60~80 THB, the tariff is 2 THB/kg; When the price of rubber is 80~100 baht per kg, the tariff is 3 baht/kg; If the price exceeds THB 100, the export tariff is THB 5 per kilogram. It is said that the income from export tax will be used to set up a fund to intervene in the market and provide support measures for farmers when rubber prices fall sharply.