[PV glass production cut plan of 30%] According to SMM, in order to break free from "cut-throat competition," leading domestic PV glass enterprises plan to collectively cut production by 30% starting from July. Additionally, some glass enterprises have begun to increase their production restriction plans. It is expected that the domestic supply of PV glass will decline rapidly, and the supply-demand imbalance in China will improve. It is projected that domestic glass production will drop to around 45GW in July.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.