Crackdown on VAT avoidance could disrupt Chinese fluorspar markets, sources say

By Michael Greenfield, Michael Greenfield
Published: Tuesday, 03 September 2019

Payment of value-added tax at 13% is being avoided by some Chinese exporters, and any government crackdown on tax avoidance to solve this problem could affect the viability of the country’s fluorspar exports.

Any crackdown by Chinese authorities on alleged avoidance of payments to the government of 13% value-added tax (VAT) on fluorspar exports could cause shipment volumes to drop or prices to jump, market sources have suggested.

Some fluorspar exporters in the country have been reported to be using illegal means not...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.