The Central European Photovoltaic game far from ending

Accompanied by the EU PV "dual" Start showdown, the sword of Damocles hanging over the head of China's photovoltaic industry six months Zhebing finally came, there were reports that the EU has identified China solar panel preliminary anti-dumping tax rate. Interestingly, the news, most of the Chinese PV companies in Europe is about to face extinction calm, what is "dead pig is afraid of Shuitang" or long response? Opposition from within Europe but also unprecedented, "preface" to make the whole situation appears overturned it? On the surface, this troubles for a long time a trade dispute seems to be close to an end; show of infighting between the parties, but in reality, may be just the opening.

The average anti-dumping tax rate as high as 47.6% EU Trade Commissioner Karel o De Gucht, EU Trade Representative Meeting on Wednesday suggested that more than 30% of the punitive tariffs imposed on Chinese-made solar cell price The draft document from the European Commission, this proposal has passed, the new tariff measures will be effective on June 6, while the average level of tax rates as high as 47.6%. Suntech will face tariffs of 48.6%, LDK Solar and Trina Solar will be levied tariffs of 55.9% and 51.5%, JA Solar will face high tariffs of 58.7%.

In 2012, China's photovoltaic products exports to Europe fell 45.1% to $ 11.19 billion, but still accounts for photovoltaic nearly half of the total exports. The first two months of this year, China's photovoltaic exports to Europe amounted to $ 1.27 billion. The EU ruled that such a high rate of anti-dumping, heavy duty blow to the Chinese PV companies is self-evident. The news came despite Wednesday, U.S. stocks hit a record high, but almost the solar index fell 3.13%, Suntech bear the brunt plunged 12.44%. In addition, Trina Solar fell 4.45%, JinkoSolar fell 3.62%, Yuhui Solar fell 3.55%, Artes solar fell 3.11%, Yingli Green Energy fell 3.08%.

The European Commission in September and November last year for solar panels imported from China to start "double reverse" survey, involving an amount of up to 21 billion euros, "double reverse" case involving the largest in the history of the EU. March 6 this year, the European Union asked the Chinese export European photovoltaic components implementation of mandatory pre-registration, which is considered a prelude to the upcoming landing of anti-dumping duties; Once pre-registration means that the anti-dumping tax implementation, Chinese enterprises will be retroactive taxation. As a counter-measure, the Chinese Ministry of Commerce last November originating in the EU's monocrystalline solar cell grade polysilicon start "double reverse" survey, the introduction of the preliminary ruling was originally scheduled for late February this year, the tax rate will be 20% -50% but was delayed and remains yet to be announced.

In view of the EU insists on promoting trade sanctions against China, Chong Quan, deputy representative of the Ministry of Commerce international trade negotiations on Monday said that the photovoltaic industry relates to the major interests of the Chinese side, if the EU insists serious damage to the interests of Chinese enterprises, the Chinese government will not stand idly by. The idea that, along with China's position on the European showdown critical point, both sides have to re-hardened, large-scale trade war.

It must be pointed out that China had repeatedly delayed the EU trade retaliation, of course, to delay change to contain the intention of the European Union; But the main reason is that the medium and long term, the trade war can only delay the process of PV grid parity, inhibition of downstream applications demand China and the EU did not benefit from any part of any company. EU is now trying to force a "dual" cross the border, China is bound to make a difference; "tip-to-head" eye for an eye, I am afraid that remains to be seen but must be taken immediately.