Jinko Solar Vietnam 'dumps' prices by 72% for solar cells exported to US
Jinko Solar (Vietnam) Industries, under China’s major solar module manufacturer Jinko Solar, exported its crystalline silicon photovoltaic cells (solar cells) into the United States with "a dumping margin of 71.85%".
In a Thursday announcement, the International Trade Administration, under the U.S. Department of Commerce, said the figure was a re-calculation after a “ministerial error” was detected in the previous investigation.
The period of investigation is October 1, 2023 through March 31, 2024.
Jinko Solar factory in Quang Ninh province, northern Vietnam. Photo courtesy of nguoiduatin.vn.
Besides, the International Trade Administration noted that other exporters/producers committed an “estimated weighted-average dumping margin” of 60.02%. They include Blue Moon Vina, Boviet Solar Technology, Elite Solar Technology (Vietnam), Letsolar Vietnam, Mecen Solar Vina, Nexuns Vietnam, Trina Solar Energy Development, Vietnam Sunergy, and Vietnergy.
In the previous calculation, the U.S. Department of Commerce said “critical circumstances do not exist for mandatory respondents” JA Solar Vietnam Co. Ltd (JA Solar) and Jinko Solar (Vietnam) Industries Company Limited (Jinko Vietnam).
Regarding the dumping, the U.S. Department of Commerce will direct the U.S. Customs and Border Protection (CBP) to suspend liquidation of entries of subject merchandise entered or withdrawn from warehouse, for consumption.
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