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June Module Production Dropped by 11.9% as Operating Rates in Southeast Asia Bases Adjusted Significantly [SMM In-depth Analysis]

  • Th06 12, 2024, at 1:58 pm
According to the SMM survey, from May to June, some PV module companies chose to reduce or even halt production due to falling prices, inventory pressure, and price competition. Although there was a growth trend in domestic and overseas market demand during April and May, the growth rate was relatively slow. Module manufacturers faced unstable orders, poor visibility, and increasing inventories, coupled with frequent changes in overseas policies, leading them to adjust production schedules to minimize losses.
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