EU Solar-Panel Industry Wins Review of China Price Pact

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The European Union will consider excluding Chinese solar-panel prices in a benchmark that underpins an agreement to curb imports from China, potentially aiding EU producers such as Solarworld AG that want to prevent a downward price spiral in Europe.

The European Commission started a review into a minimum import price that is adjusted quarterly on the basis of international spot prices for solar panels including Chinese prices “as reported by the Bloomberg database.”