Anti-dumping probe on US polysilicon imports
By Richard Fu |
July 21, 2012, Saturday
|
Print Edition
Print Edition
CHINA yesterday launched anti-dumping and anti-subsidy investigations into US polysilicon imports as a trade dispute has escalated between the two nations after America slapped preliminary duties on Chinese solar cells earlier this year.
The investigations are set to last a year and may be further extended to January 20, 2014, the Ministry of Commerce said yesterday.
The probes are based on complaints by four Chinese polysilicon makers, including GCL-Poly Energy Holdings Ltd and Daqo New Energy Corp, the ministry said.
China also opened anti-dumping investigations into polysilicon imports from South Korea.
"We treat this as a market correction rather than a trade war between countries as evidence shows a very large amount of polysilicon from South Korea and the US are sold in China at unreasonable prices," a spokeswoman for GCL said. "The countervailing duties will not have much impact on the polysilicon price as there is enough supply in the market."
Polysilicon is used to make solar products.
The action is seen as a counter measure by China, the world's largest solar cell maker, after the US slapped hefty duties on Chinese solar products earlier this year. While China exports solar panels to the US, it also buys raw materials 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 duties, though not final, have prompted some Chinese solar companies to consider outsourcing manufacturing abroad.
The Coalition for Affordable Solar Energy, a US group of solar companies, urged both countries to avoid duties and unilateral actions, which will make solar energy less competitive against fossil fuels.
Chinese officials have denounced the US action, saying that such duties would hurt both Chinese manufacturers and American users.
The investigations are set to last a year and may be further extended to January 20, 2014, the Ministry of Commerce said yesterday.
The probes are based on complaints by four Chinese polysilicon makers, including GCL-Poly Energy Holdings Ltd and Daqo New Energy Corp, the ministry said.
China also opened anti-dumping investigations into polysilicon imports from South Korea.
"We treat this as a market correction rather than a trade war between countries as evidence shows a very large amount of polysilicon from South Korea and the US are sold in China at unreasonable prices," a spokeswoman for GCL said. "The countervailing duties will not have much impact on the polysilicon price as there is enough supply in the market."
Polysilicon is used to make solar products.
The action is seen as a counter measure by China, the world's largest solar cell maker, after the US slapped hefty duties on Chinese solar products earlier this year. While China exports solar panels to the US, it also buys raw materials 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 duties, though not final, have prompted some Chinese solar companies to consider outsourcing manufacturing abroad.
The Coalition for Affordable Solar Energy, a US group of solar companies, urged both countries to avoid duties and unilateral actions, which will make solar energy less competitive against fossil fuels.
Chinese officials have denounced the US action, saying that such duties would hurt both Chinese manufacturers and American users.
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