(C) Global Times

BEIJING – China’s Ministry of Commerce announced on Tuesday that it will extend anti-dumping duties on solar-grade polysilicon imported from South Korea and the United States for another five years.

The ministry stated that terminating these measures could lead to a resurgence of dumping and further harm to China’s domestic solar industry. Originally implemented in 2014 and first extended in 2020, this marks the second extension of the trade barriers.

The applicable tax rates range from 4.4% to 113.8%, depending on the company. For major South Korean producers, OCI faces a 4.4% duty, while Hanwha Solutions is subject to an 8.9% rate. This extension is expected to prolong the uncertainty for solar material exporters in the Chinese market.

[ⓒ Global Economic Times. 무단전재-재배포 금지]