China's Helium Export Ban Raises New Risks For Global Supply Chains
12 Articles
12 Articles
China’s Helium Export Ban Raises New Risks for Global Supply Chains
China has imposed a temporary ban on helium exports, adding fresh uncertainty to global supplies of a gas essential to semiconductor manufacturing, aerospace, medical equipment, and other high-tech industries. The July 10 announcement by China’s Ministry of Commerce and General Administration of Customs comes as Beijing faces mounting pressure on its own helium supplies following disruptions to imports from Qatar and Russia. Analysts who spoke t…
China Temporarily Bans Helium Exports
China announced a temporary export ban on helium in a July 10 notice from the Chinese Ministry of Commerce. "Any subsequent adjustments will be announced separately," the ministry said, according to an unofficial translation. It didn't say how long the...
According to an analysis of customs data by Nikkei Asia, the United States has become the primary source of helium for Japan, South Korea, and Taiwan. With the Iran war and Chinese export restrictions leading to helium shortages, the US market share is likely to expand further.
On July 10, Beijing suspended its helium exports without notice. Immediate result: European manufacturers of computer components anticipate a tariff increase of 15 to 25% on all consumer electronic products by the start of the year. Your next mobile phone, graphic card or smartphone will suffer an unprecedented price surge since the Covid crisis. Helium is not a simple industrial gas. It plays a critical role in the manufacture of electronic chi…
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