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Weekly report for June 11th-15th.(STOCK)
From:
China Chemical Reporter
| Date:
June 26, 2007| Author:
| COPYRIGHT 2007 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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In the week June 11th-15th, the index of Shanghai Stock and Shenzhen Stock markets continued to rebound from the recent bottom and enjoyed a weekly increase of 5.62% and 6.59% respectively.
The Ministry of Finance PRC announced an important policy to reduce export and increase import. Since July 1st, 2007, the export rebates for goods under 687 HS codes including most of inorganic chemicals, dyestuffs, pigments, coatings and fertilizers will be cancelled. MOF also decreases the rates of export rebate on goods under more than two thousand codes. The export rebates on basic ...
