news

Home / News / Industry News / Embracing Change: Update on Export Policy and Our Way Forward
Author: JUFENG Date: Jan 26, 2026

Embracing Change: Update on Export Policy and Our Way Forward

To our dear clients and partners,

We are writing to inform you about an important regulatory update that will impact the global abrasives and tools industry. According to the latest statement from China's Ministry of Finance (MOF), effective from April 1, 2026, the export tax refund for a wide range of abrasive products—including cutting discs, grinding wheels, belts and sanding sheets—will be completely withdrawn. You can check the official announcement here: https://szs.mof.gov.cn/zhengcefabu/202601/t20260109_3981637.htm .

Consequently, the prices of our products will necessarily be adjusted in line with this policy change. Price updates are already being rolled out progressively. For the most accurate and up-to-date pricing information, please contact our sales team directly.

We understand that any price increase presents challenges. However, this shift also encourages an evolution toward greater product quality and technological advancement across the industry, rather than competition based solely on cost.

To help you plan effectively:

We recommend that you request a timely quote for your upcoming projects and thus receive current price information.

Please consider confirming orders in advance where possible, especially before Chinese New Year, to secure production slots and avoid extended delivery times.

Our team is available to discuss your needs and provide personalized support during this transition.

We appreciate your continued trust and partnership. If you have any questions or require the latest price list, please feel free to contact our dedicated support team.

Thank you for your understanding and cooperation.

Sincerely,
ABRASIVE BUDDIES
Your Trusted Partner in Abrasives and Tools

Share: