{
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001122334455554433221100

China reduces export tax rebates on metals and energy products

China has reduced or eliminated export tax rebates on select aluminium and copper products, as well as refined oil and batteries, leading to a surge in aluminium futures prices in London. This move, which affects rebates on various aluminium products and other commodities, is seen as a strategic response to ongoing trade tensions, particularly following the recent US presidential elections. Shares of major metal producers in India are closely monitoring the situation as international soyoil prices also rise.
Moneycontrol
Chinese Yuan Contemporary Amperex Technology Co., Limited Nalco BYD COMPANY Hindalco Vedanta Limited CHN Ewa Manthey Qilai Shen Show more
Finance & Economy, Market Report
04:39 18.11.2024
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