Trade war between China and the European Union is set to continue with the Asian renewable energy giant set to extend anti-dumping duties on EU solar cell raw material imports.
Recent media reports suggest that China will extend anti-dumping duties on polysilicon – raw material used in manufacturing solar photovoltaic modules – imported from the EU. The first set of duties levied on EU polysilicon imports expired on 30 April.
Anti-dumping duties on EU polysilicon imports was first levied by the Chinese government on 1 May 2014 for a period of 2 years. The reports about extension come amidst call from Chinese manufacturers that EU companies continue to dump cheaper polysilicon which may adversely impact the local suppliers.
When the duties were first levied in 2014, EU suppliers from Germany, Italy and Spain faced 42% anti-dumping duty and 1.2% anti-subsidy duties. Germany-based Wacker Chemie negotiated an agreement with the Chinese government on minimum sale price.
China also levied similar duties on suppliers from South Korea and the United States. Chinese solar module manufacturers also face anti-dumping duties in several markets including the United States and EU.
Image Credit: Georg Slickers | CC-BY-SA 3.0