Trade Resources Industry Views The China Government Begins an Investigations Against US-and South Korea-Based Firms

The China Government Begins an Investigations Against US-and South Korea-Based Firms

Evidence of polysilicon dumping by US-and South Korea-based firms easily obtainable,say industry sources Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Friday 25 May 2012]If the China government begins an anti-dumping investigations against US-and South Korea-based firms,the process will take much less time to determine a result,according to industry sources.

The high anti-dumping duties announced by the US Department of Commerce shocked China-based solar firms.Before the announcement,China-based polysilicon firms had been demanding the government start an investigation on dumping polysilicon by US-and South Korea-based solar firms.

China-based solar firms claim that polysilicon firms from the two countries quote prices lower than production costs.

The argument being that downstream solar firms signed long-term supply contracts with international polysilicon firms during shortages.Typical contracts are quoted around US$200/kg with a minimum procurement of 50kg of polysilicon every quarter.

From 2009,the spot price of polysilicon has dropped from US$500 to US$100.Where contracts are still on-going,polysilicon firms have offered an additional 55.55kg of polysilicon priced at US$10/kg.This pulls down the average price of polysilicon close to US$100/kg,the same level as the spot price.The price of the additional polysilicon is always lower than the spot price and production costs of most firms,which can be considered as evidence of dumping,according to industry sources.

In addition,the government can find records of polysilicon imports from customs to use a evidence,added industry sources.

Evidence of Polysilicon Dumping by US- and South Korea-Based Firms Easily Obtainable, Say Industry Sources China polysilicon firms eager to push government to start anti-dumping investigationsPhoto:Digitimes file photo

Source: http://www.digitimes.com/news/a20120525PD204.html
Contribute Copyright Policy
Evidence of Polysilicon Dumping by US- and South Korea-Based Firms Easily Obtainable, Say Industry Sources
Topics: Lighting