EU raises China's PV glass anti-dumping duty to 75.4%

Abstract On August 6, the European Union determined that Chinese solar glass companies dumped products in the European market at prices far below the bottom line, and imposed temporary anti-dumping duties on China's photovoltaic glass products for a period of six months. The anti-dumping tax rate was 17.1% to 38.4%. August 14th...
On August 6, the European Union determined that Chinese solar glass companies dumped products in the European market at prices far below the bottom line, and imposed temporary anti-dumping duties on China's photovoltaic glass products for a period of six months. The anti-dumping tax rate was 17.1% to 38.4%.

On August 14, the EU raised its anti-dumping duty on photovoltaic glass in China, from the previous highest of 38.4% to a maximum of 75.4%, nearly doubled. According to the "Daily Economic News" reporter, the EU's anti-dumping duties on China's photovoltaic glass will affect as many as 200 PV companies. With the substantial increase in tax rates, the profit margin of most PV companies that export products to the EU is further reduced.

As early as November 2013, the EU wanted to impose a temporary anti-dumping duty of 17.1% to 42.1% on Chinese solar glass. However, the move to levy anti-dumping duties did not end.
On December 19 last year, at the application of the European Association of Solar Glass Manufacturers, the EU filed an anti-dumping investigation against solar glass originating in China, and imposed a temporary anti-dumping duty on China's photovoltaic glass products in August this year. 6 months. This also means that the EU imposed anti-dumping duties on China's photovoltaic glass.

The EU will impose higher tariffs ranging from 17.5% to 75.4% depending on Chinese exporters, while the previous minimum tariff rate was 0.4%.

In response, the EU said that EU PV glass producers need additional protection in the face of competition from China. In addition, the European Commission also stated in the official gazette last Friday that anti-dumping measures against imported photovoltaic glass from the People's Republic of China should be amended.

Since PV glass products account for only 3% of the cost of PV modules, the final impact on component prices is about 0.01 to 0.02 Euros. However, because China's PV companies have the lowest price commitment to the EU, China's PV modules are not available in the European market. price advantage.

The anti-dumping duty on China's photovoltaic glass will increase to 75.4%, which will undoubtedly further reduce the already small profit margin of Chinese PV companies. According to the statistics of the China Chamber of Commerce for Electromechanical Industry, the EU imposed anti-dumping duties on China's photovoltaic glass, affecting an export value of about 300 million US dollars, involving more than 200 photovoltaic companies.

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