Abolishment of Export Rebates Leads to Sharp Drop in Cement Exports

Abolishment of Export Rebates Leads to Sharp Drop in Cement Exports
Published: 02 January 2008

With China completely abolishing the cement export rebate in July, according to statistics from the General Administration of Customs, exports dropped sharply starting from August. Cement exports stood at 3,037,000t, 2,773,00t and 2,252,00t respectively in August, September and October, dropping by 28.7%, 8% and 22.1% year-on-year.