Consultation Group: Expect the global LCD TV panel market to remain loose in Q3

According to Sigmaintell's forecast data, the global LCD TV panel market will still be loose in the third quarter, and the price of each size panel will drop significantly in August. It is expected that the control production effect will gradually appear in September, and the price of small size panels will stabilize, while the price of medium and large size panels will maintain a downward trend but narrower. The performance of each size is as follows: 32", supported by overseas inventory demand and active control production by leading panel manufacturers, the average price of panels in August slightly decreased by US$1, and it is expected that the control production will help the price stabilize in September. 50", with dispersed supply and relatively flexible price negotiation by brands, the average price of panels in August decreased by US$4, and it is expected to decrease by US$2 in September. 55", with no recovery in demand, panel manufacturers' strategies are diversified, the average price of panels in August decreased by US$4, and it is expected to decrease by US$2 in September. In terms of large size, the "energy-saving subsidy" in China drives the replenishment demand to recover slightly, but the reduction in procurement by international brands is also obvious. The average price of panels in August decreased by US$4, and it is expected to decrease by US$1 in September due to the control production effect. At the end of the third quarter, with the "National Day control production" plan clearly defined in the supply side and procurement adjustment in the demand side, the global LCD TV panel market's re-balance is difficult to promote in the step-by-step adjustment of upstream and downstream manufacturers. From the brand procurement, Chinese brands start replenishment under the "energy-saving subsidy", while international brands further reduce procurement, and the overall panel procurement in the third quarter is not prosperous. From the panel supply, the National Day control production plan is gradually clarified, which is expected to drive panel manufacturers' inventory to return to health and improve the supply and demand environment.