China raises duties on polysilicon imports from South Korea
On November 21, the Chinese Ministry of Commerce (Mofcom) announced new duty rates for polysilicon imports from South Korea into China, following a mid-term review that took one year.
An English machine translation of Mofcom’s announcement is available in our collection of PDF Articles.
As rumored, the new tariffs are below 5% for OCI Company (4.4%) and below 10% for Hankook Silicon (9.5%) and Hanwha Chemical (8.9%). The other rates are irrelevant as the respective companies are not active anymore.
Compared to the original duty rates introduced on January 20, 2014, the strongest hike hit Hankook Silicon (up from 2.8% to 9.5%).
OCI, the largest Korean polysilicon producer, can live with a slight increase from 2.4% to 4.4%; OCI’s main customers are Chinese makers of monocrystalline wafers.
If the new duty rates have any impact on the polysilicon spot price, it will be negligible.
- 2017
- China
- duties
- Hankook Silicon
- Hanwha Chemical
- imports
- Ministry of Commerce
- monocrystalline
- OCI
- wafer
Get more information ...
- on the background and ranking of the world’s top ten producers: polysilicon manufacturers
- on the Siemens process, FBR technology and UMG silicon: polysilicon production processes
- on the application of polysilicon in semiconductors and solar cells: polysilicon uses
- on the size, shares and trends of the market and China’s role: polysilicon market analysis
- on the current polysilicon spot price, charts, price forecast and history: polysilicon price trend
Gain in-depth insight – with the Polysilicon Market Outlook 2024
- Benefit from 76 pages full of rich data, in-depth analyses and detailed forecasts on the polysilicon, solar and semiconductor industries
- Learn all about the latest developments of polysilicon manufacturing technologies (Siemens process, fluidized bed reactor, upgraded metallurgical-grade silicon)
- Obtain comprehensive data on production volumes and capacities of 42 solar-grade and electronic-grade polysilicon plants from 2016 through 2024
- Gain insight into decisive market trends, based on four sophisticated scenarios of supply and demand through 2024
- Get valuable guidance with cash cost data on 25 solar-grade polysilicon plants and spot price forecasts through 2024
Learn all about the polysilicon market
Comments
Add a comment