Embracing Change: Industry Update on Export Policy & Our Path Forward

To Our Valued Customers and Partners,

We are writing to inform you of an important regulatory update that will impact the global abrasives and tools industry. According to the latest notice from the Chinese Ministry of Finance (MOF), effective April 1, 2026, the export tax rebate for a wide range of abrasive products—including cutting discs, grinding wheels, sanding belts/papers—will be fully withdrawn. You may view the official announcement here: https://szs.mof.gov.cn/zhengcefabu/202601/t20260109_3981637.htm.

Consequently, our product prices will undergo a necessary adjustment in line with the policy change. Price updates are already being implemented progressively. For the most accurate and up‑to‑date pricing, please contact our sales team directly.

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

To help you plan effectively:

We encourage you to request a timely quotation for your upcoming projects to receive current pricing information.

Consider confirming orders in advance where possible, especially ahead of the Chinese Spring Festival, to secure production slots and avoid extended lead times.

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

We appreciate your continued trust and partnership. Should you have any questions or require the latest price list, please do not hesitate to reach out to our dedicated support team.

Thank you for your understanding and cooperation.

Sincerely,
BUDDIES ABRASIVES
Your Reliable Partner in Abrasives & Tools

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