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China opens dumping probe into US polysilicon imports
By Richard Fu |
July 20, 2012, Friday
|
Online Edition
Online Edition
CHINA will open anti-dumping and anti-subsidy investigations into US polysilicon imports, as the trade dispute escalates between the two economies after America slapped preliminary duties on Chinese solar cells earlier this year.
The investigations, which start today, are set to last a year and may be further extended to January 20, 2014, the Ministry of Commerce said today. The probes are based on complaints by four Chinese polysilicon makers including GCL-Poly Energy Holdings Ltd and Daqo New Energy Corp, it said.
Polysilicon is used in manufacturing of solar products.
The move is seen a counter measure by China, the world's largest solar product maker, after the US slapped hefty duties on Chinese products earlier in the year. While China exports solar panels to the US, it also buys a lot of raw material and equipment for its solar industry from the US.
The US Commerce Department in May ruled Chinese exporters had dumped cells and modules and imposed preliminary duties of up to 250 percent. The hefty duties, though not final, have prompted some Chinese solar companies to outsource manufacturing abroad.
Chinese officials have denounced the US decision, saying such duties would hurt both Chinese manufacturers and American users.
China will also start anti-dumping investigations into polysilicon imports from South Korea, the commerce ministry said today.
While the latest action could benefit Chinese polysilicon makers, it could have some negative impact on domestic solar module producers, analysts said.
The investigations, which start today, are set to last a year and may be further extended to January 20, 2014, the Ministry of Commerce said today. The probes are based on complaints by four Chinese polysilicon makers including GCL-Poly Energy Holdings Ltd and Daqo New Energy Corp, it said.
Polysilicon is used in manufacturing of solar products.
The move is seen a counter measure by China, the world's largest solar product maker, after the US slapped hefty duties on Chinese products earlier in the year. While China exports solar panels to the US, it also buys a lot of raw material and equipment for its solar industry from the US.
The US Commerce Department in May ruled Chinese exporters had dumped cells and modules and imposed preliminary duties of up to 250 percent. The hefty duties, though not final, have prompted some Chinese solar companies to outsource manufacturing abroad.
Chinese officials have denounced the US decision, saying such duties would hurt both Chinese manufacturers and American users.
China will also start anti-dumping investigations into polysilicon imports from South Korea, the commerce ministry said today.
While the latest action could benefit Chinese polysilicon makers, it could have some negative impact on domestic solar module producers, analysts said.
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