CINNO Research首席分析师周华表示，进入8月，部分品牌商启动四季度旺季备货，同时国补资金逐步到位、叠加美对华及墨西哥关税政策90天缓冲期， 对终端需求回暖带来一定的积极影响。面板厂或延续供应宽松格局，预计8月面板价格跌幅将有所收窄。 CINNO Research简评 01 据CINNO Research数据显示，今年二季度国内市场TV销售量同比下滑10%，多省市6月国补政策暂停或成为其下滑主要原因。进入三季度7月，终端需求 转弱导致面板价格跌幅扩大。今年8月随着国补资金全部到位，国补政策将持续发挥效能，叠加品牌厂或提前为旺季备货，终端需求有望温和复苏。此 外，面板厂或策略性上调稼动率以响应订单回暖，部分面板价格在两端支撑的情况下或减小跌幅。 | | Size & Resolution | | Technology | Jul.25' | Aug.25'(E) | Differ | | --- | --- | --- | --- | --- | --- | --- | | 32" | 60Hz | HD | LCD | $32.0 | $32.0 | $0.0 | | 43" | 60Hz | FH ...

Core Viewpoint - The panel prices are expected to decline in July 2025, particularly for TV panels, while monitor and laptop panel prices are anticipated to remain stable [3][4][6]. Group 1: TV Panels - Demand for TV panels remains weak, leading some brand clients to adjust their procurement orders for Q3 while negotiating better prices with panel manufacturers [3][4]. - The forecast indicates a price drop of $1 for 32-inch and 43-inch panels, and a $2 drop for 50-inch, 55-inch, 65-inch, and 75-inch panels [4]. Group 2: Monitor Panels - The demand for monitor panels has also shown signs of slowing down, with only a few specifications experiencing slight supply shortages [4]. - The overall price trend for monitor panels is expected to stabilize, influenced by the declining prices of TV panels [4]. Group 3: Laptop Panels - There is a slight increase in optimism regarding the demand for laptop panels, with brand clients becoming more proactive in negotiations for better pricing [6]. - The overall price for laptop panels is expected to remain stable in July, with future price movements dependent on negotiations between brand clients and manufacturers [6].