Chinese Solar Industry Struggles Continue as U.S. Commerce Department Upholds Anti-Dumping Tariffs

Five Star Equities Provides Stock Research on Trina Solar and LDK Solar

Marketwired

NEW YORK, NY--(Marketwire - Oct 15, 2012) - Chinese solar stocks have struggled in 2012 as numerous allegations that companies were "dumping" products at a loss have led to anti-dumping duties on solar cells imported from China. The tariffs, which were upheld by the U.S. Commerce Department last week, range from 18.32 percent to 249.96 percent. Five Star Equities examines the outlook for companies in the Chinese Solar Industry and provides equity research on Trina Solar Ltd. (NYSE: TSL) and LDK Solar Co., Ltd. (NYSE: LDK).

Access to the full company reports can be found at:
www.FiveStarEquities.com/TSL
www.FiveStarEquities.com/LDK

China has demanded that the U.S. repeal the steep anti-dumping measure as they fear it will price out Chinese producers from the American market. The tariffs add another burden to Chinese manufacturers who are already struggling with major losses as a result of slowing demand and falling prices. A spokesman for Yingli Green Energy Holding Co. has already said that the tariffs of roughly 30 percent on the company would make it unprofitable to sell in the U.S., as the gross profit margins for the industry are around 10 percent.

"The United States is inciting trade friction in new energy and sending a negative signal to the whole world about protectionism and obstructing the development of new energy development," Ministry of Commerce spokesman Shen Danyang said in a statement. "We hope the U.S. side will correct its erroneous action with early termination of the trade remedy measures," Shen added.

Five Star Equities releases regular market updates on the Chinese Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Trina Solar is one of the few PV manufacturers that have developed a vertically integrated business model from the production of monocrystalline and multicrystalline silicon ingots, wafers and cells to the assembly of high quality modules. The Commerce Department will impose duties of 18.32 percent on Trina Solar's imports.

LDK Solar is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. For the third quarter of fiscal 2012, LDK Solar estimates its revenue to be in the range of $220 million to $260 million.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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