[Insights] Panel Prices in Early June: TV and MNT Prices Flat Amid Rising Inventories

TrendForce discloses the latest panel prices for early June, with details as follows.

• TV

As June begins, demand for TV panels is showing signs of weakening. Since the first quarter, brand customers have been actively restocking, leading to a gradual buildup in inventory levels. Starting in the second quarter, they are also adopting more flexible procurement strategies to negotiate panel prices with manufacturers—seeking greater price concessions or market development funds (MDF) to create more room for promotional campaigns in the second half of the year.

While panel makers are attempting to maintain supply-demand balance through production control, the pressure of weakening demand may still prompt some manufacturers to offer price concessions. As of now, TV panel prices in June are expected to remain flat. However, with continued pressure from buyers, slight price declines for specific sizes cannot be ruled out.

• MNT

Driven by tariff-related factors, brand customers had maintained an aggressive restocking approach for MNT panels over the past several months. However, entering June, this momentum has begun to slow as inventory levels rise, showing early signs of a pullback in demand.

At the same time, weakening demand for TV panels is also creating downward price pressure, which has started to affect MNT panel pricing trends as well.

Currently, most panel makers are taking a cautious view on the possibility of continued price increases. With demand beginning to adjust, brand customers are also unlikely to accept further price hikes. As a result, MNT panel prices are expected to shift to a flat trend across the board in June.

• NB

Current observations indicate that demand for NB panels is expected to remain stable in the second quarter. Initially, brand customers held a pessimistic outlook for the second half of the year, leading to a more conservative approach to panel procurement. However, they have recently become more optimistic about third-quarter momentum, and the panel demand outlook has become clearer since early April, when the tariffs were initially announced.

Even so, panel makers remain cautious about demand trends in the coming months, concerned that broader macroeconomic shifts could once again raise the risk of weakening demand. As a result, they are refraining from openly proposing price increases and are even willing to offer under-the-table discounts to maintain relationships with key customers. Given this context, NB panel prices are expected to stay flat in June.