tiprankstipranks
Trending News
More News >

Roth says DOC final determinations negative for JinkoSolar, Canadian Solar

Roth Capital notes that on Monday, the Department of Commerce released final determinations for both antidumping and countervailing duties in the SEA AD/CVD case. With the exception of Cambodia AD and Malaysia AD, rates came in higher-than-expected overall. The higher-than-expected final determinations are incrementally negative for JinkoSolar (JKS) and Canadian Solar (CSIQ) and incrementally positive for First Solar (FSLR), the firm argues. Roth believes non-SEA AD/CVD countries’ cell and module volume has likely been ramping up for quite some time. That said, it expects the next AD/CVD case for India, Indonesia, and Laos to be initiated by the end of Q2 2025.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue