The European Union has elected not to extend anti-dumping duties against panels imported from China, with the minimum import price now ceasing to exist from midnight Monday 3 September 2018.
The European Commission has approved replacing the current Minimum Import Price (MIP) for module imports from China with a new reduced price on a sliding scale mechanism, despite receiving almost negligible support from member states.
The European Commission has proposed an alternative floor price setting mechanism to replace the minimum import price’s (MIP) current linkage to Bloomberg prices.
EU member states passed an 18-month extension of punitive trade duties on imports of Chinese solar products on Friday.
Red tape, stagnant demand and elaborate outside pressures have made module pricing in the UK complex and seemingly insulated from global price trends. John Parnell examines the stand-offs maintaining a status quo in UK module prices.
EU member states have rejected European Commission proposals to extend anti-dumping duties attached to Chinese solar imports.
The European Commission has proposed the extension of existing trade duties on Chinese solar products for a further two years.
A group of 22 MEPs have called on the European Commission to end the minimum import price (MIP) agreement.
Wuxi Suntech has become the latest Chinese solar module manufacturer to voluntarily withdraw from Europe’s minimum import price undertaking.
Anti-minimum import price sentiment has continued to swell this week as more than 400 companies called on the European Commission to put an end to trade duties on solar modules and cells.
JA Solar said it had withdrawn from the European Union’s Minimum Import Price (MIP) agreement, becoming the latest module manufacturer to do so.
A further three Chinese manufacturers have been pulled from the minimum import price (MIP) after they were found to be selling in the European Union at rates below those stipulated by the price undertaking.