US acts to prevent Asian solar dumping

solarsThe USA regulary publishes anti-dumping and countervailing duties and it looks like it’s taking tough action against China to prevent its home solar panel market being threatened.

Trendforce, a Taiwanese market intelligence company, said the US has raised Chinese solar anti-dumping tariffs to as much as 165 percent, while rates for Taiwanese manufacturing have decreased.

Even given the stiff tariffs imposed by the US, demand in the country for Asian modules continues to grow.  And in a bid to prevent the tariffs spoiling their businesses, Chinese manufacturers have set up module manufacturing in Europe, Canada, South Africa, Malaysia, India, Japan and Turkey, according to Trendforce.

Jason Huang, a research manager at Trendforce, said that the rulings mean that Taiwanese prices will rise in the short term.  “In addition to the stimulus from the anti-dumping, countervailing duties final ruling, prices are also encouraged by the UK, by Japan and China’s markets.  It is expected to increase both in shipment volume and price in the first quarter of 2015,” he said.

The USA has its own solar panel business and the govenmment introduces the anti-dumping and countervailing duties to stimulate its own home grown marketplace.