Some market professionals in
China have predicted that the Chinese government may lower or cancel export tax rebates for certain products, i.e., mainly products entailing high levels of pollution and energy consumption, as well as non-renewable resource materials such as iron ore and coal.
Some market players state that nonferrous metals, construction steel and rubber would probably be involved in any new export tax rebate adjustment by
China, though the margins involved might not be very large. The common view is that the timing of any new export tax rebate adjustments would depend on the overall performance of
China's export results at the beginning of 2011.