According to Qunzhi Consulting, the TV panel market experienced a tight supply and demand in February, resulting in a slight price increase.

Generated by AI AgentMarket Intel
Wednesday, Feb 26, 2025 6:00 am ET1min read

According to the report by Qunzhi Consulting, the global LCD TV panel market maintained a tight balance in supply and demand in February, mainly supported by stable demand. On the demand side, the tariff policy has not fully taken effect, prompting brands to maintain stable procurement strategies. The US delayed the tariff on Mexico to early March, but the tariff policy is still uncertain as a bargaining chip of the US government. Therefore, brands need to maintain controlled high inventory operations as a contingency plan for the uncertainty of the policy in the short term, but the urgency has been eased. China's withold policy for old TVs has bottomed out the procurement demand of Chinese brands, but the marginal effect may be weakened. In addition, the shortage of materials and the rise in panel costs also drive the release of brand procurement demand. Overall, panel demand remains strong in the first quarter. On the supply side, "demand-driven production, controlled inventory, and large-size" become the confidence source of the panel market. According to Sigmaintell, the balance between supply and demand and the enhanced price rise willingness of panel manufacturers led to a slight rise in panel prices in February. Performance of each size: 32", the bottom-up procurement demand in the second-line market was released, and the average price rose by $1 in January, and it is expected to maintain the rise in February. 50", the supply was squeezed to promote the balance of supply and demand, and the average price rose by $1 in January, and it is expected to rise by $1 in February. 55", the brand procurement demand gradually recovered, and the panel average price rose slightly by $1 in January, and it is expected to maintain a small rise of $1 in February. Large-size, the demand continued to be strong and affected by the upstream material supply, the panel average price rose slightly by $2 in January, and it is expected to maintain a $2 rise in February. Note: The image is not included in the output as it is not relevant to the translation.

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