SMM

In October, the monthly production of domestic PV glass continued to decrease, down 11.52% MoM from September. The operating rate of domestic PV glass producers further declined in October, but the reduction was less significant compared to previous periods. The number of companies reducing production and performing cold repairs decreased, with a 2,450 mt/day furnace undergoing cold repair in October. However, due to fewer production days in November, it is expected that glass production will still have room to decline in November.