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<Research>Nomura Expects Anti-involution in PV Sector to Alleviate Overcapacity Pressure
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The Chinese photovoltaic industry has recently shown positive signals of anti-involution, according to Nomura's research report. Of which, last week, CCTV News reported that self-regulation in the photovoltaic industry has been effective, with product prices tending to stabilize. Industry associations also emphasized that companies are promoting self-regulation and anti-involution measures. Nomura believed that these developments reflect that the photovoltaic industry is advancing rational development to curb losses. It is expected that polysilicon output may see a substantial reduction, with market sensitivity to rumors increasing. Supported by concerted actions from leading manufacturers and policy signals, the supply and demand situation for polysilicon is estimated to improve, thereby alleviating the pressure of industry overcapacity. AASTOCKS Financial News Website: www.aastocks.com |
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