On November 16, U.S. time, the U.S. Court of International Trade (CIT) decided to exempt the 201 tariffs on double-sided modules, and this year’s tariff rate was restored to 15%. This decision took effect immediately. According to the adjusted tax rate, imported products that have paid 18% 201 tariffs in the past year are eligible for refunds and interest. According to the original plan for tariff 201, this tariff will end on February 6 next year.

Observing the recent US anti-circumvention investigations, Withhold Release Order (WRO), 201 tax rate, and bifacial module exemptions in Southeast Asia, there has been a trend of gradual relaxation of restrictions on Chinese manufacturers. The tension between China and the US in the photovoltaic industry seems to be a little bit. There is relief. Although the anti-circumvention investigation has temporarily ended, according to the statement rejected by the court on November 15, it is not ruled out that the US Manufacturing Photovoltaic Alliance will be re-appealed. It is still risky for Chinese manufacturers to evaluate overseas factories and new expansions. The release process is still difficult to finalize. The 11/10 update of the WRO Q&A round has allowed manufacturers to see opportunities to export to the United States. However, the US Customs and Border Protection (CBP) has not yet made a clear move, and still needs to pay attention to the follow-up of the detained goods manufacturers. Progress. At present, it is heard that the goods of Dachang have been detained and have not been returned. Despite the relaxation of the 201 and WRO standards, the current operating rates of all Southeast Asia are still sluggish under the possibility of detention, and the operating rates of several large Southeast Asian batteries and modules are less than 50%.

China has consolidated the various tax rates levied on China’s exports to the United States. It can be seen that despite the sharp drop in anti-dumping duties, the cumulative tax rate of double-sided modules exported to the United States this year still reached nearly 45% of the tax amount. Considering the high tax rate and double The uncertainty of the anti-tax rate review makes it unlikely that medium-sized production capacity will be directly exported to the United States.

China's special report uses three production modes to make cost calculations:

(1) U.S. manufacturers buy Southeast Asian batteries and assemble them locally.

(2) Components from Southeast Asia are shipped to the U.S.

(3) Components made in China are shipped to the U.S.

Looking forward to the changes in costs after the 201 tariffs expire in February next year, and calculate the basic assumptions.

(1) The 201 tax rate ends and will not be extended.

(2) Part of the battery and module prices uses PV InfoLink's price forecast report.

(3) The component manufacturing cost is unpredictable in the short-term due to the specific space for the lower repair of auxiliary materials and needs to be treated conservatively. For the time being, it will only be slightly reduced by 0.005 yuan per watt.