I've been quite interested in platinum trading in entrepot trade recently. I'd like to know how much platinum is roughly for one unit in entrepot trade? Here, "one" refers to the common trading units, such as one gram, one ounce and so on. I hope some knowledgeable friends can tell me about it. What factors will cause the price to fluctuate?
The company plans to engage in entrepot trade and wants to understand which taxes and rates apply in China when goods are transferred from Country A through China to Country B. The best answer indicates that entrepot trade generally does not involve domestic turnover taxes, tariffs are usually exempt under bonded status, profits are subject to corporate income tax at a rate of 25%, and it recommends consulting local customs and tax authorities to confirm policies.
In Shaoxing, considering doing entrepot trade, asking if there are risks and what preparations should be made to deal with them. The best answer states that there are risks in Shaoxing's entrepot trade such as policies, logistics, and market, etc. For example, policy changes may lead to increased costs, goods may be damaged or delayed in the logistics process, and fluctuations in market demand may cause goods to be unsalable, etc. To deal with these, it is necessary to pay attention to policies, select good logistics providers and do a good job in market research.
Planning to engage in Hong Kong's entrepot trade and want to understand tax obligations. The best answer states Hong Kong exempts import/export tariffs except for specific goods, with a two-tier profits tax system: 8.25% for assessable profits up to HK$2 million and 16.5% for amounts above. Offshore exemption may apply depending on business nature, suggesting consultation with tax professionals.
Our company plans to carry out the entrepot trade business in Singapore and wants to know the overall cost situation from goods transportation, warehousing to various taxes and fees, as well as the cost differences of different types of goods. The best answer states that the cost composition is complex, and transportation, warehousing, taxes and fees, etc. are the main parts. The cost of re-exporting a small batch of ordinary goods may be several thousand Singapore dollars once, and that of special goods is even higher. There are significant differences in transportation and taxes and fees for different types of goods.
Considering starting an entrepot trade business and want to know how much tax is suitable for entrepot trade, as tax rates for different products and policies of various countries vary. The best answer points out that if the destination country imposes high tariffs on goods from the country of origin, such as exceeding 15% - 20%, and the transit country has preferential agreements with the destination country that can reduce taxes, while also considering other taxes and additional costs in the transit country, a comprehensive assessment can determine whether entrepot trade is suitable.
The company intends to carry out the entrepot trade business and wants to understand the costs and approximate amounts involved in aspects such as cargo transportation, warehousing, document processing, and taxes and fees during the handling process. The best answer states that the transportation cost varies depending on factors such as the mode. For sea freight, it is dozens to hundreds of dollars per cubic meter or per ton, and for air freight, it is a few to over ten dollars per kilogram; the warehousing cost is a few to dozens of dollars per cubic meter per month; the document processing fee is several hundred yuan each time; the taxes and fees vary greatly depending on the transit point and the goods, and there are also agency handling fees, etc. The overall cost needs to be calculated according to the specific business.
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Professional consultant answers
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
In entrepot trade, the price of platinum is not fixed. Its price is usually priced by gram or ounce. Up to now, the price of platinum in the international market fluctuates at about 200 - 400 yuan per gram and about 1000 - 2000 US dollars per ounce. But this is only a rough range, and the actual price will change due to various factors.
First of all, the relationship between supply and demand is a key factor. If global mining production decreases and supply tightens, while the demand from industries such as automobile manufacturing and jewelry processing is strong, the price is likely to rise.
Secondly, the economic situation and geopolitics also have an impact. In a prosperous economy, the investment demand increases and the price may rise; instability in a region will trigger market risk aversion and affect the price. The change in exchange rate cannot be ignored either. For example, the fluctuation of the US dollar exchange rate will affect the price of platinum priced in US dollars.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The price of platinum in entrepot trade will follow the international market trend. Generally speaking, the unit price of platinum products with a small gram weight may be relatively high because the processing cost accounts for a large proportion. If it is a large amount of trading, it is more common to calculate by ounce. The price is changing all the time, and you need to pay attention to the real-time market situation.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
The price of platinum is greatly affected by the market. For example, the emergence of new mining technologies may increase the supply and the price will drop. If there is a major festival to stimulate jewelry consumption and the demand increases, the price may rise.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Enrepot trade involves costs such as transportation and tariffs, which will also affect the final price. The tax rates in different regions are different, and the transportation costs vary with different distances, all of which will be reflected in the price.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The financial market also has a considerable impact on the price of platinum. For example, the buying and selling operations in the futures market. If a large amount of capital floods in to go long, the price of platinum may be pushed up.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The emergence of substitutes will also affect the price of platinum. If materials that can replace platinum for certain industrial uses are developed, the demand for platinum will decrease and the price may be reduced.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The brand factor also has an impact. The platinum products of some well-known brands, due to the brand added value, will be priced higher than ordinary ones. Entrepot trade may involve brand products, and this point should be considered.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
The quality grade has an impact on the price of platinum. The price of platinum with high purity is relatively higher. In entrepot trade, attention should be paid to identifying the quality grade.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The storage cost will also be reflected in the price. Platinum storage requires specific conditions, and the level of cost will affect the price of entrepot trade.