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China to adjust helium export controls after temporary overseas suspension
The move follows a last week shipment pause as global supply tightened, with China relying on overseas sources for more than 85 percent of helium supply.
China will adjust its export controls on helium in response to changes in domestic and global supply and demand after temporarily suspending overseas shipments last week, according to the Ministry of Commerce, as cited by SCMP Economy.
The ministry said the brief export ban complied with China’s foreign trade laws and World Trade Organization rules, and was intended to safeguard domestic supply.
Helium is a by-product of liquefied natural gas production and is used across industries including semiconductors, medical equipment, and aerospace. The ministry said it would adjust export-management policies in a timely manner going forward, depending on supply and demand conditions.
China is heavily reliant on imported helium, with more than 85.0 percent of its supply coming from overseas sources, according to data referenced in a research note by consultancy Trivium China, also cited by SCMP Economy.
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