Despite the transitional phase of US tariff policies and exemptions for certain Chinese products in April this year, brand manufacturers' high inventory levels from the first quarter necessitated a more cautious approach to restocking in subsequent periods. This, coupled with the diminishing impact of the "national subsidy" policy, led to a softening in panel demand. Beginning in May, demand further declined, prompting panel factories to intensify production controls in an effort to stabilize prices. It is anticipated that panel prices will maintain a stable trajectory throughout the second quarter.
