TV panel prices fell more than expected in the fourth quarter of 2017. The panel factory turned a loss, and part of the price fell to the cost of cash.
However, in February, we saw the price of TV panels stop falling, and the price of small and medium size TV panels bottomed out. However, the price of large size TV panels over 55 inches continued to fall as new production capacity continued to be opened.
Group wisdom consults (Sigmaintell) predict, as price of TV panel of medium and small size hits bottom, the downstream pulls goods to answer temperature in March, the price is expected to have small rebound, and the demand of market of large size panel is not strong in slack season, still supply exceeds demand, the price continues to fall in March, although drop somewhat converges.
Prices for the 39.5-inch and 43-inch panels stopped falling in February with an average price of $68 and $84, respectively. On the demand side, more and more brands are moving toward the 43-inch panel, while the 40-inch panel is expected to see a slight increase of $1 in March due to the continued supply reduction by samsung and sunac.
In terms of 49-inch / 50-inch panels, the brand of 50-inch panels is actively in stock, while the yield of mainland panel factory still needs to be improved. The supply and demand are relatively balanced, and the price is expected to remain stable in March.In the case of large-size TV panels, the 55-inch panel was in loose supply and demand and prices maintained their downward trend, but the overall panel market reversed and the decline narrowed, with the price drop expected to converge to $3 in March.
As for the 65-inch and 75-inch panels, due to the weak demand in the off-season and the gradual increase in supply, the overall market is still oversupplied and the price trend is maintained. The price drop of 65-inch panels is expected to converge to less than $5 in March.Panel manufacturers were unable to escape losses in the first quarter, but market expectations, the rebound in panel prices have the opportunity to continue into the third quarter, the second and third quarter profit and loss performance is expected to improve.
