SMM Analysis On China October PV Film Production And November Forecast

According to SMM statistics, China's PV film production in November is expected to decrease by 1.4% MoM compared to October. At the enterprise level, some companies saw an increase in production, while others experienced a decrease. The decrease in production was mainly due to the rising prices of EVA and POE, which exacerbated losses on film production, leading some manufacturers to reduce orders to ensure stable cash flow. The increase in production occurred because film manufacturers with reduced production schedules transferred orders to other suppliers of their customers. Additionally, the overseas market for PV film production showed a stable upward trend. Malaysia's film production schedule increased by 20.8% MoM, while Vietnam and Thailand remained unchanged from October.