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SMM predicts that domestic PV production will rise slightly by about 49.43 GW in December, while overseas production is also estimated to rise to 4.83 GW. The increase on the domestic supply side is entirely due to the increase in production capacity in the early stages and the increase in the number of production days in December. However, with the sharp drop in component production schedules on the demand side, domestic oversupply pressure is expected to soar in December. In terms of supply in December, due to the increase in the number of production days for photovoltaic glass and the increase in production of early ignition kilns, glass supply is expected to begin to increase, but domestic demand continues to decline, the risk of oversupply of glass is increasing, and there will also be some containment on the supply side. Production is estimated to increase 4.46% over November.

Zhitongcaijing·12/08/2025 06:33:06
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SMM predicts that domestic PV production will rise slightly by about 49.43 GW in December, while overseas production is also estimated to rise to 4.83 GW. The increase on the domestic supply side is entirely due to the increase in production capacity in the early stages and the increase in the number of production days in December. However, with the sharp drop in component production schedules on the demand side, domestic oversupply pressure is expected to soar in December. In terms of supply in December, due to the increase in the number of production days for photovoltaic glass and the increase in production of early ignition kilns, glass supply is expected to begin to increase, but domestic demand continues to decline, the risk of oversupply of glass is increasing, and there will also be some containment on the supply side. Production is estimated to increase 4.46% over November.