Due to the export tax rebates that have not been finalized since the beginning of this year, some businesses rushed to press the goods into bonded warehouses.

There have been rumors about the cancellation or reduction of export tax rebates since the beginning of this year. At present, market participants expected that there will be a transparent conclusion after the May Day holiday.

Therefore, in addition to the tense shipping situation, mills and traders not only look for ships everywhere but also desperately dispatch the goods into bonded warehouses, hoping to gain some opportunities for export or profit.

According to the news, some spot goods are also declared exports before the policy is determined. For example, many processing plants in Taiwan that originally imported from China are trying to finish customs declaration before the export tax rebate is concluded.