Core tip: A few days ago, a number of market research agencies released a panel price snapshot showing that in June, small size LCD TV panel is expected to stop rising and stabilize, for the first time in a year; although the large size to maintain the price trend, the rate of increase narrowed significantly.
A few days ago, a number of market research agencies released a panel price snapshot showing that in June small size LCDTV panel is expected to stop rising and stabilize, for the first time in a year; although the large size to maintain the price trend, the rate of increase narrowed significantly. “Small size prices have been lacking upward momentum as demand falls back, large size demand is strong, panel prices are still in the upward trend, but the rate of increase narrowed. From the LCDTV panel market, this round of market boom cycle is about to enter the end.” Zhang Hong, research director of the TV Division of Group Intelligence Consulting, told China Securities Journal.
The recent poor performance of the panel factory stock prices, down not a small amount. “Maybe people think that the price behind the rise can not move.” A large buyer confessed. In the short term, he believes: “The second-quarter results exceed expectations, may also rise a wave.”
Medium and large size up narrowing
Group intelligence consulting is expected, 32 inches of demand gradually fall, May prices rose to $2 / piece, June is expected to stop rising back to the stable. 39.5 inches -43 inches, supply, and demand gradually balanced, May prices narrowed to $2 / piece, June stops rising back to the stable. 50 inches in May prices rose to $6 / piece, is expected to cool down with overseas demand, June rose narrowed to $2 / piece. 55 inches in May Still maintain 2 U.S. dollars/piece of more than the rate of increase, is expected to narrow to 3 U.S. dollars/piece in June. Large size is accelerating, brand stocking demand to maintain strong, May price increase of nearly $ 10 / piece, is expected to rise in June about $ 5 / piece.
The other two market research institutions gave similar price snapshot results. Aowei Ruiwo is expected in June, 32 inches, 39.5 inches, and 43 inches of these three sizes of panel prices and May flat; 50 inches and 55 inches of these two sizes in June narrowed to $3 / piece, up to $ 7 / piece in May; 65 inches and 75 inches of these two sizes of the rate of increase from $ 9 / piece in May slowed to $ 5 / piece in June.
According to Witsview statistics, in early June, 32 inches and 43 inches to terminate 12 consecutive months of an upward trend, the average offer flat last month; 55 inches and 65 inches to maintain the upward trend, but the trend has also begun to converge, prices are higher than the end of May by $ 2 / piece.
According to the analysis of WitsView’s Vice President of Research Yubin Qiu, the main reason for the small size TV panel to stop rising in June is that the rise in April exceeded expectations, allowing the brand factory to reduce the small size products in May and June to pull goods and switch to attack the medium and large size.
Panel factory profits are guaranteed
In the secondary market, the recent performance of A-share panel company shares is not ideal. East Finance Choice data show that so far in May, BOE A cumulative decline of 15.98%; since March 23, TCL Technology cumulative decline of 25.34%; Rainbow shares since April 8 cumulative decline of 31%.
A focus on the study of the panel field of sell-side sources in an interview with the China Securities Journal reporter said that the current funds are more concerned about the price trend of TV panels in the fourth quarter, but the demand side uncertainty increases, the rise is less optimistic. In addition, the panel factory’s large-rated increase overhanging the top also put pressure on the stock price.
QiuYuBin said, the panel offer still has not reversed down signal, but need to pay attention to Europe and the United States and other end markets with the vaccination rate gradually unblocked, the family will be concentrated in the past to buy electronic products spending expenditure to outdoor travel, maybe on the TV and other consumer products crowding effect and consequently affect the panel offer.
Zhang Hong believes: “Overall, although the small and medium-size prices are the first to pull back because the overall price of the current panel has reached a high level, the panel factory this year can still get a good profit. Future price trend needs to take into account the market supply and demand environment, but with the industry concentration and supply chain cooperation model deepening, price fluctuations will tend to level off, so the panel profit margin changes will also tend to level off.”