China’s ministry of commerce (MOFCOM) has confirmed that it will apply anti-dumping and anti-subsidy tariffs to polysilicon imported from the EU for the next two years.
A statement on the ministry website also states that Wacker Chemie, by far the largest exporter of polysilicon to China, will be exempt.
In March the company agreed a minimum price arrangement with MOFCOM that will begin on 1 May 2014 lasting for two years. The new tariffs will be applicable for the same period of time.
If Wacker continues to remain within the parameters set out in its deal, the tariffs will not be applied to its products.
In the absence of any other major European exporter to China, the tariffs are likely there as a deterrent for Wacker as much as any other purpose.
Speaking at the time of the deal, Wacker chief executive Rudolf Staudigl said he was pleased that “existing differences” over polysilicon prices had been successfully resolved through dialogue.
“This agreement is an excellent example of how conflicting opinions in trade issues can be amicably solved through constructive discussions and negotiations based on trust,” he added.
Duties on polysilicon exported to China from the US and Korea are already in place.