In November, China's polysilicon imports hit a record high, and the United States and South Korea released full production

A few days ago, the Silicon Industry Branch of China Nonferrous Metals Industry Association released the "Analysis of China's Polysilicon Import and Export Market in November 2014", the report shows that China's polysilicon imports in November reached 11,729 tons, a significant increase of 48.
2% year-on-year, a record high
.
The Silicon Industry Subcommittee expects China's polysilicon imports to exceed 100,000 tons this year, an increase of 23%
over the highest year.

In this year, the United States has implemented a second "double reverse" for China's photovoltaic without scruples, in this regard, China has implemented anti-dumping on polysilicon in the United States, and issued "Document No.
58" to suspend polysilicon processing trade approval, hoping that this will become a bargaining chip, so that China has the opportunity to win back a game
in the Sino-US photovoltaic dispute 。 However, on December 17, the US Department of Commerce announced the final ruling of the "double reverse" of China's photovoltaics, determining that the dumping range of crystalline silicon photovoltaic products exported to the United States by Chinese mainland was 26.
71% to 165.
04%, and the subsidy range was 27.
64% to 49.
79%; The dumping margin of crystalline silicon photovoltaic products exported to the United States in Taiwan is 11.
45% to 27.
55%.

From the perspective of the industry, the situation of the second "double reverse" in the United States is almost irreversible
.

In July 2012, the Ministry of Commerce announced the filing of anti-dumping and anti-subsidy cases for solar-grade polysilicon in the United States and South Korea, and announced the preliminary ruling results
in July 2013.
However, after China's "double-reverse" ruling on polysilicon in the United States and South Korea, imports have repeatedly reached new highs
.
In this regard, the analysis of the Silicon Industry Subcommittee mainly has the following three reasons: first, the loophole of avoiding the "double reverse" in the form of processing trade is obvious; Second, the anti-dumping duty rate of only 2.
4% was imposed on South Korean companies, which encouraged the continued expansion of Korean polysilicon companies; Third, the issuance of "Document No.
58" has made the originally relatively high tax rate of US polysilicon companies exploit loopholes and basically fully implement the sales plan
for the new year.

In November, China imported a total of 10,440 tons of polysilicon from South Korea, the United States and Germany, accounting for 89.
0% of the total imports, of which 4,017 tons were imported from South Korea, accounting for 34.
2% of the total imports; Imports from the United States were 3,976 tons, accounting for 33.
9% of the total imports; Imports from Germany were 2,448 tons, accounting for 20.
9% of the total imports; Other regions imported 1,289 tonnes, accounting for 11.
0%
of the total.

The silicon industry branch believes that it is precisely because of the loophole in the suspension of processing trade approval that domestic companies and US orders have increased sharply, and American polysilicon companies have started full power and released
at full production.
The proportion of imports from South Korea is increasing, and after the main local polysilicon enterprises in South Korea have experienced the final ruling of "double reverse", enterprises with lower tax rates have gradually resumed production and gradually released
output.
Therefore, South Korea's dumping of China should not be underestimated, and actively taking remedial measures is a good policy
.