US imposes anti-subsidy duty on Chinese photovoltaic products

21 March 2012 03:35  [Source: ICIS news]

SINGAPORE (ICIS)--The US Department of Commerce has imposed an initial anti-subsidy duty on photovoltaic (PV) products imported from China, a source close to the China Silicon Industry Association said on Wednesday.

The anti-subsidy duty of 2.9%-4.73% announced on 20 March is much lower than expectation of most American solar panel producers, the source added.

The US decided to levy anti-subsidy duty of 2.9% on Suntech, 4.73% on Trina Solar, and 3.59% on other Chinese PV producers.

Meanwhile, the US government will publish anti-dumping verdict on imported Chinese PV products, mainly solar panels in May, according to previous report from ICIS.

The Department of Commerce said on 9 November 2011 that it will begin anti-dumping investigations on Chinese solar cells.

The US imported PV cell and panes worth total value of $2.8bn (€2.19bn) from China in 2011, according to statistics from an industry source.

($1 = €0.76)

By: Dolly Wu
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly