SMM analysis on China June PV glass output and July forecast

According to SMM, China's PV glass production reached 2.4864 million mt in June, up 0.36% MoM. Despite the small increase, it was satisfactory given fewer production days in June compared to May. It is expected that the production of PV glass in China will further increase in July, mainly because the kilns ignited earlier will reach full capacity in July. The production is expected to reach 2.6827 million mt, with a significant increase.