# China scraps tax rebate for soymeal exports from November 1

> China will scrap its value-added tax rebate on soymeal exports starting November 1. The article notes China imports soybeans to make soymeal and exported less than 1 million tonnes of soymeal last year.

- Date: 2018-10-25 · published 2018-10-25T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/62613-china-scraps-tax-rebate-for-soymeal-exports-from-november-1
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Removing the rebate raises the cost of Chinese soymeal exports, which could tighten export supply and support international meal prices while modestly shifting trade flows.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-03-14 | [Argentina halts export registration for soy oil, meal \| Reuters](https://feedsoft.ai/events/5494-argentina-halts-export-registration-for-soy-oil-meal-reuters.md) | -1.7% | -4.7% |
| SBM | 2017-06-16 | [China Widens Gate to GMO Crop Imports from U.S. - Caixin Global](https://feedsoft.ai/events/70354-china-widens-gate-to-gmo-crop-imports-from-u-s-caixin-global.md) | -2.3% | +7.2% |
| SBM | 2025-02-03 | [Argentina’s meal market remains slow despite export tax cut](https://feedsoft.ai/events/13880-argentina-s-meal-market-remains-slow-despite-export-tax-cut.md) | -0.1% | -3.1% |
| SBM | 2022-03-19 | [Argentina hikes export tax on soy oil, meal to 33% to combat inflation](https://feedsoft.ai/events/14044-argentina-hikes-export-tax-on-soy-oil-meal-to-33-to-combat-inflation.md) | +1.4% | -3.3% |
| SBM | 2018-08-15 | [Argentina: tax cuts on soy meal and soy oil exports suspended six months — MercoPress](https://feedsoft.ai/events/63376-argentina-tax-cuts-on-soy-meal-and-soy-oil-exports-suspended-six-months.md) | -3.0% | -5.8% |
| SOY | 2020-08-18 | [Argentina Mulls Cutting Export Tax for Soy Meal: Industry Group](https://feedsoft.ai/events/51434-argentina-mulls-cutting-export-tax-for-soy-meal-industry-group.md) | -1.4% | +8.7% |
| SOY | 2018-08-15 | [Argentina: tax cuts on soy meal and soy oil exports suspended six months — MercoPress](https://feedsoft.ai/events/63376-argentina-tax-cuts-on-soy-meal-and-soy-oil-exports-suspended-six-months.md) | +1.2% | -4.1% |
| SOY | 2025-08-11 | [eFeedLink - Tax changes in Argentina could boost Brazilian soybean exports](https://feedsoft.ai/events/13841-efeedlink-tax-changes-in-argentina-could-boost-brazilian-soybean-exports.md) | +5.7% | +4.8% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-tax/china-scraps-tax-rebate-for-soymeal-exports-from-november-1-idUSKCN1MZ1HO/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.