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Large-size 32-and 43-inch panels prices may stabilize in Q2: TCL
TCL Technology said in an institutional survey this week that at present, large-size 32- and 43-inch panels have basically stopped falling, prices are expected to stabilize and rebound. TCL Technology pointed out that in 2021, the price of large-size panels has experienced a relatively rapid round of ups and downs.
It can be said that the continuous rise in the first half of the year and the rapid decline in the second half of the year have exceeded everyone’s expectations to a certain extent.
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Specifically, in the first half of the year, the terminal stocking demand remained at a high level and the shortage of core products in the supply chain drove the panel prices to continue to rise.
In the second half of the year, due to the concentrated influence of short-term factors such as the withdrawal of European and American subsidy policies, intensified overseas inflation, and shipping pressure, the panel prices increased from three to three. The quarter started to decline rapidly.
In response to the impact of the shortage of raw material prices and future trends, TCL Technology stated that the supply of upstream key raw materials was relatively tight in early 21, which is one of the reasons for the increase in panel prices in the first half of 21.
Benefiting from the company’s mature supply chain construction management, Huaxing’s production and sales capabilities have not been substantially affected, maintaining full sales and production.
It is expected that the prices of some raw materials will fall in 2022. At the same time, the company actively promotes domestic substitution in the supply chain to ease supply shortages and reduce costs.