Industry Association: Potash profits and taxes are purely non-existent

The domestic resource-based potash fertilizer companies did not exist, and there was a huge amount of money. The relevant media reported serious inaccuracies. Yesterday, Wei Chengguang, president of the Potash Industry Branch of the China Inorganic Salt Industry Association, said in a phone interview with the reporter that the state supported the potash industry. Bigger and stronger, it is impossible to introduce such policies.
At 6:30 pm that day, Wei Chengguang was interviewed on the way from Shanghai to Beijing. He disclosed to reporters the purpose of this trip: First, to negotiate with the relevant media, the second is to explain the National Development and Reform Commission.
The windfall of profits tax has originated two articles.
On July 10, two domestic media released two articles entitled “The Resource-Based Enterprise Should Not Exproate Windfall Profit Taxes” and “The Windfall Profit Taxes Point to Resource-Based Potash Fertilizer Enterprises”. After being republished by several websites and media, it caused domestic The doubts and concerns of potash fertilizer companies and investors. This coincides with the fact that the world's first Potassium Salt Conference was just concluded in Shanghai in 2008, which caused no negative impact on the domestic potash industry.
The reporter found on the Internet "resources potash fertilizer companies should not levy?? Profit tax??". The article one wrote: ?? Our Association has been to the National Development and Reform Commission and other relevant departments to reflect the huge profits of resource-based potash fertilizer plant, the current relevant departments began to discuss solutions. The sudden increase in potash fertilizer prices should flow into the treasury and should not be owned by the production companies. Wei Guangcheng, president of the Potassium Industry Branch of the China Inorganic Salt Industry Association, said in an interview with reporters recently. ??
Another part of the article reads: “At present, China only charges a resource tax of 0.5 yuan to 0.8 yuan per cubic meter of potassium salt, and the amount of taxation is too low. Potash is equivalent to free use of potassium per metric ton of three to four thousand yuan. Compared with nitrogen fertilizer and phosphate fertilizer, there is more than 75% of potash fertilizer dependence in China. Therefore, potassium fertilizer resources should be cherished more than once. However, the current potassium salt resource tax is too low, which can only encourage enterprises to exploit and exploit potash resources in a predatory manner in the current situation of high prices. Wealth profits will be obtained, said Wei Guangcheng, president of the Potash Industry Branch of the China Inorganic Salt Industry Association. To. ??
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On July 22, China Potash Network issued an important statement in an eye-catching position, citing the K-fertilization of windfall profits and clarification and refutation.
Wei Chengguang pointed out that the definition of “profits” must be wrong and inappropriate. ?? He believes that these two articles invert black and white, fabricated facts, reports are serious and inaccurate, causing adverse impact on China's potash industry, will be held in accordance with the law and the relevant responsible persons responsible for legal responsibility.
It is understood that the annual demand of potash fertilizer in China is close to 11 million tons, but due to shortage of potash fertilizer resources, the domestic production volume is only 3 million tons, and the import dependence is above 70%. At present, there are several resource-based potash fertilizer companies, including salt lake potash fertilizer (86.92, 0.00, 0.00%, bar), Xinjiang Lop, etc. The rumor about the collection of potash fertilizer and windfall profits tax has not only caused concern for these potash fertilizer companies, but also the National Development and Reform Commission. Give high priority and ask for clarification of relevant facts.
Wei Chengguang also told reporters that the country has been vigorously supporting and developing potash fertilizer production enterprises, bigger and stronger. To solve the problem of shortage of domestic potash fertilizer, one must rely on increasing research investment; the second is to enhance prospecting efforts and increase the amount of resources held; third is to increase potassium salt construction devices; fourth is to rationally guide and conserve potassium salt resources.