The hottest LLDPE tariff reduction will benefit th

2022-09-23
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LLDPE tariff reduction will benefit the agricultural film industry

at the beginning of the new year, the import tariff of linear low density polyethylene (LLDPE) was reduced to 6.5%, which made China's agricultural film industry happy. This undoubtedly makes the agricultural film production enterprises, which are struggling to support in the bitter sea of high plastic raw material prices, feel a little warm in the cold winter

according to China's commitment to the World Trade Organization (WTO), the import tariff of polyethylene products in China should be adjusted to 10.3% in 2005. The software only deals with these simple raw data, and only the linear low-density polyethylene tax rate is first adjusted in place. The main purpose of linear low-density polyethylene is to produce agricultural film, which will undoubtedly help to reduce the production cost of agricultural film in China, and will also benefit China's agricultural film production enterprises, especially large-scale leading enterprises and farmers

according to the data provided by the agricultural film professional committee of China Plastics Processing Industry Association, China is the world's largest consumer of agricultural film. At present, the annual output of agricultural film is about 1.2 million tons, of which the output of mulching film is 600000 tons. And 98% of the plastic film should be produced by linear low-density polyethylene. At present, domestic linear low-density polyethylene is far from meeting the needs of the domestic market. 3. With a long service life, nearly 50% of the raw materials need to be imported every year. In order to ensure the quality of agricultural film products, large-scale agricultural film production enterprises in China mostly use imported raw materials with higher prices. Last year, the price of linear low-density polyethylene was expected to remain high in electric vehicles in 2021 (2) and 022, which greatly increased the production cost of agricultural film. At present, it is the peak season of agricultural film production, and the timely adjustment of the import tariff of linear low-density polyethylene is of great benefit to stabilize the current domestic linear low-density polyethylene market price

it is understood that just after the import tariff of linear low density polyethylene was lowered to 6.5% last week, the import transaction of this product increased rapidly. According to the raw material purchasing personnel of a large domestic agricultural film production enterprise, the current market price of imported linear low-density polyethylene has decreased by 350 ~ 400 yuan per ton, basically the same as the price of domestic raw materials

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