Today Chinas Ministry of Commerce announced that it will conduct reviews of the anti-dumping and anti-subsidy duties which it imposed on polysilicon imports from the European Union. However, the EUs largest polysilicon maker will continue to be exempt from these duties.
Wacker Chemie negotiated a Minimum Import Price agreement directly with Chinas Ministry of Commerce (MOFCOM) in 2014, under which Wacker will refrain from selling its polysilicon in China under a certain price. This agreement was hammered out as MOFCOM was imposing heavy duties on U.S. and EU polysilicon makers, which have shut most Western companies out of the Chinese market.
In a press release, Wacker stated today that the agreement will stay in place while MOFCOM conducts a one-year review of EU polysilicon import duties. MOFCOM will complete the review by April 30, 2017 and while the review is underway the duties will remain.
The current rulings extension means that we can continue supplying our high-quality material at competitive prices to our Chinese customers, who need it to produce highly efficient solar modules, stated WACKER CEO Rudolf Staudigl in the release.
?In an analysis of Chinas polysilicon market, Taiwan's EnergyTrend found that German polysilicon still makes up roughly 1/4 of the volume imported into the nation. Korean polysilicon comprises roughly half, and Korean polysilicon makers are subject to minimal duties.
Chinese trade action on polysilicon came in the wake of U.S. duties on Chinese PV cells and modules and Europes Minimum Import Price (MIP) agreement, and are widely seen as retribution for U.S. and EU trade action on Chinese PV products.
Polysilicon expert Johannes Bernreuter, head of Bernreuter Research, says that it is a fair assumption that Chinese polysilicon duties mirror EU action on the MIP.
And while MOFCOM decides whether or not to lift the duties on EU polysilicon, there will be no such relief for U.S. producers. U.S. duties will stay in place through 2019.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.