LCD Panel Prices Stabilizing as Supply Discipline Offsets Soft Demand

Dow Jones
09/09

0846 GMT - Liquid-crystal display panel prices are expected to remain broadly stable in the coming months as manufacturers maintain tight output controls despite sluggish end-market demand, according to a Morgan Stanley report. TV, monitor and laptop panel prices are forecast to stay flat on month in September, supported by seasonal restocking ahead of year-end promotions and planned maintenance shutdowns in China, the report says. While MS expects average TV panel prices to decline by a low-single-digit percentage in 3Q, it sees downside limited by disciplined industry supply management. The bank says demand for IT panels softened in 2H after earlier restocking, but producers facing cost pressures are reluctant to offer further price concessions.

 

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