Market Trend

Between April 19th and May 3rd, MCI index surged 225.9 points from 7611.1 points to 7873.0 points. Panel makers welcomed a spate of phenomenal 1Q10 financial results last week, which boosted market confidence toward future prospects. Additionally, continuous restocking from first-tier panel makers cushioned the anticipated panel price decline, following several months of high panel prices. As a result of the two positive stimuli, MCI improved by more than two hundred points.