The effect of export tax rebate on acetic acid market is limited
Recently, the ministry of finance and the state administration of taxation in China issued on the increase of some products export rebate rate announcement, acetic acid and other products among them. However, the export tax rebate policy to acetic acid market is limited.At present, the acetic acid industry chain is concentrated, the supply increases, the demand is weak and the export is blocked, the market may continue to operate in the doldrums.
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