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ADVANCES FROM CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2013
ADVANCES FROM CUSTOMERS [Abstract]  
Schedule of Advances from Customers

Advances from customers consist of the following and is analyzed as long and short portion respectively:

 

    December 31,  
    2012     2013  
Customer D*   $ 15,532,572     $ 15,987,573  
Customer J     6,852,496       4,220,355  
Customer G     3,462,084       2,996,550  
Customer F     1,532,632       -  
Others     2,016,454       1,937,418  
Total   $ 29,396,238     $ 25,141,896  
Less: Current portion of Advance from customers   $ 29,396,238     $

13,217,775

 
Long term advance from customers   $ -     $

11,924,121

 

 

* Pursuant to the terms of the Company's revised supply agreement with this customer the Company will deliver monthly amounts of polysilicon, totaling no less than RMB2.4 million from April 2014 to September 2016, or until such time as the advance has been fully utilized.