The US Department of Commerce placed duties on imports of crystalline silicon photovoltaic products (including cells, modules, laminates and/or panels) from China. Commerce currently has existing antidumping duty and countervailing duties orders on crystalline silicon photovoltaic cells, whether or not assembled into modules, from China. The scope of the investigation, prompted by a complaint from the Oregon-based subsidiary of German company SolarWorld, specifically excludes silicon products covered by the existing AD and CVD orders. Crystalline silicon photovoltaic cells typically form the basic element of solar panels, modules, and/or laminates but can be used in other products as well, including building-integrated photovoltaic walls and roofs.
The fight over duties placed manufacturers such as SolarWorld against installers who like the less-expensive Chinese products and can offer customers a cheaper alternative to all-in-one, manufacturer-purchased-and-installed solar panels. Commerce is scheduled to announce its final determination in this investigation on or about August 18, 2014, unless the statutory deadline is extended.
Closing at CNY 207,000 ($33,131) per metric ton on the weekly Renewables MMI®, Chinese cobalt cathodes rose 1.5 percent to finish as the week’s biggest mover. Closing at CNY 14,250 ($2,281) per metric ton, silicon remained unchanged for the week. Neodymium prices held steady from the previous week at CNY 415,000 ($66,422) per metric ton. At CNY 3,750 ($600.20) per metric ton, the week finished with no movement for Chinese steel plate.
Following a steady week, prices for Japanese steel plate closed flat at JPY 76,000 ($741.90) per metric ton. At KRW 900,000 ($881.23) per metric ton, the price of Korean steel plate did not change since the previous week. Prices for Chinese steel plate remained constant, closing the week at CNY 3,750 ($600.20) per metric ton. Following a steady week, prices for US steel plate closed flat at $848.00 per short ton.
US grain-oriented electrical steel (GOES) saw little price change on Tuesday at $2,890 per short ton.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.