The minimum import price for crystalline PV products from China has been frozen. The European Commission (EC) has accepted a proposal from China's Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), according to a document published in the EU official journal. In the proposal, the CCCME asked to maintain a minimum import price of €0.46 ($0.491)/W for modules and €0.23 ($0.245)/W for solar cells imported from China until the end of the interim review.
At the beginning of March, the EU extended antidumping and anti-subsidy duties on Chinese solar products for 18 months. At the same time, the EC announced that it will open an interim review, which is expected to investigate the gradual mitigation of the measures over the next 18 months.
The CCCME claims that maintaining the current prices during the interim review will prevent disruptive effects. The EC has accepted the proposal, rejecting several objections.
The CCCME is the Chinese authority supervising how the minimum price agreement, the import prices and the import volumes for Chinese producers are set.
Manufacturers that comply with the undertaking avoid paying antidumping and anti-subsidy duties. Over the past months, however, several Chinese solar companies have withdrawn from the agreement, while several others were excluded for violations by the EC. For these 27 producers the duties are still valid.