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China raised the export tax rebate of some pesticide

The pesticide dicofol export tax rebate rate was raised to 9%, carbofuran to 13%.
Ministry of Finance, the State Administration of Taxation release of "some of goods on to further improve the export tax rebate rate of notification", which announced that from June 1 to raise again the export tax rebate rate of some goods. This adjustment related to more than 2600 items of goods including deep processing of agricultural products, electromechanical and glass products manufacture, ect.

This is a good news for agrochemical industry, which may activate the agrochemical market.

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