Panel Trend in MAY 2022

The deteriorating situation on the supply and demand side did not improve, and panel prices fell further in panic.

【Demand side:】 The impact of the Russian-Ukrainian conflict continues to ferment, global inflation intensifies, global TV demand continues to be sluggish, TV manufacturers are operating with low inventory, and continue to cut orders;

【supply side: 】Since April, the panel factory's inventory has increased rapidly, and it has to continue to lower prices. As a result, the price of TV panels has maintained a relatively large decline. Although it has fallen below the cash cost line, the decline is still continuing, and it is expected to maintain a relatively large decline in May.

At present, panel makers need to significantly adjust their production capacity in order to reverse the oversupply situation.

32”: The price continued to be trampled due to the selling of goods by the agent. The price in May dropped by US$4, and in June, the decline is expected to narrow to US$2.

39.5”: dropped   $4 in May and $2 in June.

43": The price dropped by $4 in May and by $2 in June.

50": It has already fallen below the cash cost. The price dropped   by $3 in May, and the price in June is expected to drop by $2.

55": Panel makers have lowered prices for shipments. The price dropped   expand to $7 in May and $4 in June.

65”-75”: International brands TV cut orders, resulting in a sharp increase in the inventory of some panel manufacturers, and they have to further ship at lower prices. In May, the decline in large sizes expanded to US$15-16, and in June, the decline is expected to narrow to around US$7-10 .