As of June 20th, the average selling price of 3.2mm and 2.0mm processed photovoltaic (PV) glass products decreased from 24.5-25 yuan per square meter from June 13th to 24.5 yuan and from 16-16.5 yuan to 15.5-16 yuan, respectively. The average price of transparent EVA and white EVA products in photovoltaic film remains unchanged. The bank holds a "neutral" view on China's solar industry and recently downgraded the rating of Flat Glass Group from "buy" to "outperform the market" and also downgraded the rating of Flat Glass A-shares and Xinyi Solar from "hold".
大行评级｜大和：对中国太阳能行业持“中性”看法 PV玻璃产品价格下滑
Mizuho Bank: Neutral view of the Chinese solar energy industry, with PV glass product prices declining.
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