WSJ: Karel De Gucht Said The Basic Framework Of A Solution Has Been Reached

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greensolar

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Friday, June 21st 2013, 1:18am

WSJ: Karel De Gucht Said The Basic Framework Of A Solution Has Been Reached

EU, China optimistic after talks on solar panel dispute http://en.europeonline-magazine.eu/lead-…ing_286965.html

This post has been edited 1 times, last edit by "greensolar" (Jun 21st 2013, 6:29am)

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Pop2mollys

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Friday, June 21st 2013, 1:34am

EU trade chief wants speedy end to solar row with China

http://m.economictimes.com/news/internat…ow/20696228.cms

http://finance.yahoo.com/q?s=0750.HK&ql=1

Chinese solars listed overseas reversing and exploding higher even after bloody day yesterday here in US exchange

This post has been edited 1 times, last edit by "Pop2mollys" (Jun 21st 2013, 2:25am)

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Pop2mollys

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Friday, June 21st 2013, 2:57am

Very very good news just hit wire

EU trade chief sees end to China solar row in 'days' or 'weeks'
http://www.focus-fen.net/index.php?id=n309107

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outsmart

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Friday, June 21st 2013, 3:14am

China, EU agree to solve disputes through negotiation

14:43, June 21, 2013

BEIJING, June 21 (Xinhua) -- China and the European Union (EU) have agreed to solve the photovoltaic (PV) trade dispute through "price undertaking" talks and the two sides are making this effort, said Chinese Commerce Minister Gao Hucheng on Friday.

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Maybe odyd should do a "Module minimum price" poll

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explo

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Friday, June 21st 2013, 3:47am

This sounds very promising. EU wants price undertakings and China seems to agree now. Ending the trade war with price undertaking could simultaneously end the price war. For 2H we may look at all markets still open for Chinese players and higher global ASPs. It will be harder to compete in EU though, since price is not a weapon anymore. Strongest brands and products will be competitive at price floor if set at reasonable level. Weaker players need to compete on price and will not sell in EU. If finely tuned, profits could move from downstream and Chinese tier2 and tier3 to repair balance sheets of Chinese tier1 as well as international tier1 with strong technology.

EU comments:
http://www.eubusiness.com/news-eu/china-trade-dispute.pbi/
http://www.eubusiness.com/news-eu/china-trade-dispute.pbm/

China comments:
http://news.xinhuanet.com/english/china/…c_132474794.htm

China solar index:
https://solarpvinvestor.com/solar-universe/china-index

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outsmart

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Friday, June 21st 2013, 4:01am

Very good for Yingli and Trina

good for all other tier one players.

Also good for the EU, chinese players will spend more on marketing in the EU.

Bad for established tier two players like EGING, HAREON, ..., very bad for all other tier two and tier three players from China.

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explo

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Friday, June 21st 2013, 4:31am

WSJ: Karel De Gucht said the basic framework of a solution has been reached

http://online.wsj.com/article/SB10001424…2010196498.html

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Pop2mollys

nanofrogfish_spf

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Friday, June 21st 2013, 5:32am

Odyd, this is very significant news...I think it deserves its own thread under global tariffs, instead of being buried under the daily news section...

Thanks everyone for all the links on this...nice to wake up to this kind of news.

imho this was the last big hurdle our solars had to overcome, let's hope the seas are a lot smother for the rest of the journey...

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greensolar

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Friday, June 21st 2013, 6:30am

Chinese PV products becoming harder to come by in Europe http://www.solarserver.com/solar-magazin…-in-europe.html

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greensolar

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Friday, June 21st 2013, 6:32am

China, EU agree to solve disputes through negotiation

http://www.chinadaily.com.cn/business/20…nt_16644488.htm

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odyd12

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Friday, June 21st 2013, 7:15am

I am very surprised how quickly basic solution was discovered. I am also curious how they came about engaging the customs. This validates SZ reporting as the value. I am proud to be able offer information on this level.
Some suspicion was made that China will use European hands to clean its industry at home. This is a perfect scenario, and the frame of the agreement being accepted very quick shows that someone in China had a drastic plan already made.

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explo

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Friday, June 21st 2013, 7:25am

Yes, this is complex, since Chinese and Europeans often make the panels together, sometimes sold under the Chinese brand and sometimes under the European brand. I too had little hope for speedy a solution and I'm glad someone in China did the thorough work to provide a solid solution proposal. A lot of details and fine-tuning need to be done to make sure the EU installer market is not harmed before final design can be presented. The big stakes in terms of billions of trade dollars and politics will make sure they finish off the work properly.

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eysteinh

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Friday, June 21st 2013, 8:04am

Good stuff if there is price undertaking deal. Everyone is happy. So we should hear something before august 6. Possibly this deal will also affect the anti subsidy investigation that where due for report in 6. august also.

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explo

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Friday, June 21st 2013, 8:14am

Quoted from "eysteinh"

Possibly this deal will also affect the anti subsidy investigation that where due for report in 6. august also.

I expect it will. The AS provisional measures to be imposed August 8 was the curveball causing uncertainty in EU market as the AD tariffs gained significant clarity June 4. I can't see both duties and price undertakings. If price undertaking deal is made then both AD and AS duties should be off the table.

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eysteinh

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Friday, June 21st 2013, 8:17am

Agreed. The date is somewhat confusing but I do assume they will both be part of the same deal like you explo. Otherwise it would be rather pointless. The deadline says end of 5th august (http://europa.eu/rapid/press-release_MEMO-12-844_en.htm) but I have read other dates as well. (here for example for implementation: http://trade.ec.europa.eu/doclib/press/index.cfm?id=909 )

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explo

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Friday, June 21st 2013, 8:29am

AS case: http://trade.ec.europa.eu/tdi/case_details.cfm?id=1932
AD case: http://trade.ec.europa.eu/tdi/case_details.cfm?id=1895

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eysteinh

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Friday, June 21st 2013, 9:18am

Yes explo I know those links. But there is a date for deadline report and another for implementation. And the date varies between 5th to 8th august depending on what page you are reading. (like I showed in the two previous links.) It does not matter much since obviously it should all be dealt with before 6th august.

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explo

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Friday, June 21st 2013, 9:30am

I was not debating any date, just providing the case links for the board, since with all the AD attention the AS seemed forgotten about.

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explo

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Friday, June 21st 2013, 11:11am

FT comment

http://www.ft.com/intl/cms/s/0/9f6201b6-…l#axzz2Ws4f2Yea

“We
have more or less agreed on the structure,” Mr De Gucht said. “It’s
very clear in the solar panel case that we both have interests in
finding an amicable solution.”

Looks like prestige is out and pragmatism is in after a sobering realization of the stakes involved.

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luckygoose

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Friday, June 21st 2013, 11:21am

It looks like Merkel said to De Gucht go to China and restore immediately the damage you have done if you want to keep job you fool. Say yes to slightest proposal and do not dare to give them a hard time. For sure De Gucht has destroyed his future personal job development within the EU as nobody is going to back this fool anymore.