【SCI View】LSFO Export Tax Rebate Policy Issued

SCI99

2020-01-15

LSFO Export Tax Rebate Policy Issued

The State Council of China announced to give tax rebates on exported low-sulphur fuel oil (sulphur content no more than 0.5%) on January 8.

SCI reckons that the future prices of low-sulphur heavy fuel oil will decline, and its sales volume will increase significantly.

SCI will track the latest detailed quotas.

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