Abolition of the tax rebate lead-acid batteries reshuffle imminent

Lead-acid storage battery export tax rebate policy has been canceled the past two months, for lead-acid battery industry, created a profound impact. This is to some extent accelerated the industry reshuffle.

Power Co., Ltd., Zhejiang Nandu power lead-acid battery manufacturers last year, sales of one of the top 50 last year, the battery reached 20 million U.S. dollars export volume. The company’s head of International Trade, Wu Han Qing yesterday to the “Daily Economic News” said that the original thought that this policy would at least half a year later introduced, did not expect was so fast, and businesses affected by the larger than expected. Wu Han Qing, said after the abolition of tax rebates, the domestic prices of lead-acid batteries is only 5% lower than in eastern Europe 6%, using low-cost competitive advantage has been obvious, market share will be reduced, business development pace slowed down significantly.
 
Yangzhou Apollo Battery Co., Ltd. has developed rapidly in recent years, the company claimed that from January to August this year, the company lead-acid battery product exports reached 11.29 million U.S. dollars. However, after the abolition of export tax rebate, businesses will reduce the net profit of more than 1100 yuan.
 
Fortunately, due to Shanghai a few years ago, attaches great importance to environmental protection, only a very small number of lead-acid battery manufacturers, exporters on a large scale only one. Delphi International Battery Co., Ltd. is Shanghai’s largest export enterprises, now the company has changed hands to Shanghai kiangsons Battery Co., Ltd.. The company’s situation and the domestic most of the lead-acid battery business is similar.
 
Domestic lead-acid batteries of large enterprises had a hard time, not to mention small businesses with low ability to resist risks, in the current international battery manufacturers advantages of living in a buyer’s market, the lead-acid batteries of small enterprises will be more shuffling, or merger.
 
So far in September, the International Lead demand increases rapidly, prices are also sharply higher. Since the second half of 2003, the domestic price of electrolytic lead from 4,500 yuan / ton in September rose to 13.8 thousand yuan / ton, while this month, electrolytic lead prices as high as 15,000 yuan / ton. At the same time, the EU also harmful substances in the battery to be strictly limited, that technical barriers to trade will also have the domestic exports of lead-acid batteries to face more severe test.
 
AQSIQ, experts have said the cancellation of export tax rebate will make the battery much smaller profit margins of enterprises, to a certain extent, accelerate the merger and reorganization among enterprises, as well as the battery industry re-shuffling.
 
At present, the domestic battery producers as soon as possible get rid of “creating a profit on the export tax rebate” concept, appropriate reduction in price competition is relatively intense exports, development of new applications and markets, and even consider establishing manufacturing bases overseas.

Wednesday, January 6th, 2010 at 00:03
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