China to lower transportation costs for foreign trade enterprises

Time:2020-03-18 08:48:33      Source:ChinaDaily.com
China will temporarily lower the transportation costs for import and export enterprises, as part of efforts to fast-track work resumption and keep the foreign trade sector afloat amid the novel coronavirus outbreak.
 
Port construction fees levied on importers and exporters will be waived from March 1 to June 30, said a circular jointly released by the Ministry of Finance and the Ministry of Transport Monday.
 
Relevant enterprises will also see their oil pollution damage compensation halved during the period.
 
Fees that have already been paid can be refunded or deducted, said the circular.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-20
Shuozhou 5200 435 0 FOR 06-20
Ordos 5500 415 0 ex-mine 06-20
Yulin 6200 535 0 ex-mine 06-20
Liulin Low-sulphur 560 0 ex-mine 06-20
Gujiao Low-sulphur 1095 0 FOR 06-20
Xingtai Low-sulphur 1210 0 ex-Factory 06-20
Yangquan PCI 770 0 FOR 06-20
Index RMB/t WoW WoW% Date
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