China cuts import tariff for coal to zero

Time:2022-05-05 17:44:27      Source:ChinaDaily.com

China's Ministry of Finance said in a statement on Thursday that it will cut import tariff for coal to zero from May 1 to March 31, 2023, as an effort to guarantee energy supply and promote high quality development.

The move was decided by the Customs Tariff Commission of the State Council in accordance with due procedures. Currently, import tariff for coal ranges between 3 percent and 6 percent, depending on the specific type of coal.

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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