US punishing China will benefit Mexico
Mexico City—Antidumping tariffs to be charged by the United States on Chinese solar panels represent an opportunity for Mexico to become their main supplier.
According to an analysis by IQOM Inteligencia Comercial Consultants Firm, China is currently the main solar panels supplier for the USA, and Mexico dropped from second to third, but it could recover ground.
Last March 21st, the US Department of Commerce disclosed the preliminary resolution of the antidumping investigation against solar panels imports from China, made at the request of SolarWorld Industries America.
In 2011 China ranked first in US supply of this type of panels, with shipments for over US$972 million.
“Also in 2011, Mexico ranked third solar panels supplier to the USA, with shipments for US$213 million. Possible antidumping tariffs charged on Chinese products may benefit Mexico in this market”, IQOM’s analysis adds.
Source: El Diario | Date: 27/03/2012