Wednesday, July 18, 2012

Chinese government investigates South Korean polysilicon producers for potential dumping

What goes around does eventually come around. What a bizarre claim by the Chinese.

 

Chinese government investigates South Korean polysilicon producers for potential dumping

18.07.2012: The Chinese Ministry of Commerce has begun a preliminary investigation into South Korean polysilicon manufacturers for alleged dumping, according to Bloomberg, which cites an unidentified official at the South Korean Ministry of Foreign Affairs. The Ministry of Commerce has informed the South Korean Embassy that it is collecting data to check whether OCI Corp. and other solar companies have dumped sufficient quantities of polysilicon on the Chinese market to hurt domestic producers. According to the article, OCI has not been informed about any probe. Shares of several South Korean solar producers suffered considerable losses after news of the investigation emerged. … Source: Bloomberg; Summary: PHOTON

http://www.bloomberg.com

http://www.bloomberg.com/news/2012-07-17/oci-leads-solar-cell-decline-
on-china-probe-concern-seoul-mover.html

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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