US anti-dumping duty on China is up to 250%. China's PV loses competitive advantage.

On May 18th, the US Department of Commerce announced on the 17th the preliminary ruling on the anti-dumping duties of China's photovoltaic cells and components, the tax rate reached 31.14% to 249.96%, the analysis that the double tax rate has accumulated more than 35%, the cost advantage of Chinese PV manufacturers Lost. It is expected that a large number of PV manufacturers will withdraw from the market in the next three to six months. On October 19 last year, the Solar Manufacturing Alliance (CASM), a group of seven companies led by SolorWorld, filed anti-dumping and countervailing complaints with the US Department of Commerce and the US International Trade Commission, requiring the US federal government to impose “imports on solar cells imported into China.” More than 100%" import duties. In March of this year, the US Department of Commerce announced the preliminary results of China's PV countervailing, with a tax rate of 2.9% to 4.73%. This news stimulated the stock price of Chinese PV manufacturers to rise. For example, Wuxi Suntech's share price rose 14.06% on the New York Stock Exchange on Tuesday, closing at 3.57. US dollar; Trina Solar's share price rose 7.85% to close at $8.38. As soon as the anti-dumping tax results came out yesterday, the shares of American solar companies rose. First Solar rose 9% and SunPower soared 14%. The Ministry of Commerce said that the final result of the "double opposition" will be announced in early October. Greentech Media, a US solar technology website, believes that the cumulative tax rate of the US dual-preemption ruling will be more than 35%, which will make the cost of Chinese manufacturers equal to that of American manufacturers and lose their competitive advantage. However, Chinese companies can establish battery factories overseas or transfer to Taiwan for a single-generation (costs will increase by 6-12%) to avoid switching taxes. The US Association of Cheap Internet Users (CASE), which consists of 25 PV companies, believes that free competition is conducive to the development of the US solar industry and says it will continue to fight. Previously, the alliance had organized activities to protest against the US counter-attack against China's PV. Charles Yonts, head of sustainability research at CLSA, believes that global PV manufacturers are facing a bad situation. Many overseas manufacturers have closed their factories. Chinese PV manufacturers have recently sold PV modules at prices slightly above production costs. Survive, but the situation is not optimistic. According to Yang Lizhi, the production cost per watt of photovoltaic panels is about 75 cents, or even 90 cents. Some domestic manufacturers sell at a price of 77 cents per watt, which is a loss-making production. Many Chinese PV companies listed in the US have financial liabilities. The table is already very bad. According to the general rules, it should have been closed down. Yang Lizhi believes that although he has not seen a large-scale bankruptcy, he predicts that domestic PV manufacturers will close sharply in the next three to six months. Yang Lizhi believes that two-thirds of China's PV companies should withdraw from the market, and this industry can go normal. Earlier, it was reported that PV companies listed in the US would be delisted. Yang Zhili said that if the market situation continues to move forward, mergers and acquisitions will be a major trend, and some large manufacturers may disappear.

Torsion Spring

application: viation,automotive, motorbike, bicycle, automatic equipment, household appliance, medical device ,toy, telecommunication,computer, instrument and meter,furniture, electric tools,mold and other industries

China Torsion Spring,Garage Spring manufacturers, welcome Helical Torsion Spring,Double Torsion Spring purchasers from worldwide to visit our site.

Torsion Spring,Garage Spring,Helical Torsion Spring,Double Torsion Spring,Torsion Spring Manufacturer

Shenzhen Lanejoy Technology Co.,LTD , https://www.szlanejoy.com