Four issues of data were published in december, with the guo town light price index reporting 109. 48 points at the beginning of the month and 105. 87 points at the end of the month. The overall index has fallen for two consecutive months since november, averaging 106. 25 points per month, or 3. 94 per cent below the november average of 110. 61 points. The month of december was marked by a continuation of november's inertia, influenced by the downturn in the market for lamps since the beginning of the year and by year-end closures, some of the lantern factories continued to take early breaks to enter spring seasons, and orders began to fall, but the price of the lanterns was generally flat, influenced by higher prices for raw materials at the end of the year。
The monthly average of the four main series of indicators in december was “three to one” to “counter” the traditional low season. Towards the end of the year, many of the projects were in the final phase, and the demand for thermal energy for engineering-type lighting products continued to pull up the commercial lighting series index and the outdoor lighting series index, and the light source series index also increased significantly by the increase in raw materials. The lighting series index maintained a downward trend, but the downside was modest, with steady intake in 2016。
The four main series indicators are “three litres and one drop”, specifically:
The commercial lighting series averaged 100. 83 points per month, an increase of 2. 18 per cent over november
The monthly average of the lighting series was 120. 50 points, a decrease of 7. 66 per cent compared to november
The average of the outdoor lighting series was 95. 47 points per month, an increase of 7. 62 per cent over november
The monthly average of the light source series was 52. 79 points, an increase of 12. 43 per cent over november。
(i) increase in commercial lighting series index fluctuations
The commercial lighting series averaged 106. 25 points per month in december, an increase of 2. 18 per cent over the november ring comparison. The index rose after falling at the beginning of the month, slowly reporting 102. 25 points at the end of the month, but with little emotional volatility and overall performance. Since the beginning of the year, prices of raw materials such as chips, beads, copper beads and aluminium have increased upwards, with significant increases in aluminium prices. Commercial lighting products account for a relatively large proportion of the demand for aluminium, and the lighting industry faces cost pressures that have led to a certain increase in the commercial lighting series index, but innovative, intelligent commercial lighting products are less dependent on raw material prices and do not show large bands in the short term. Traditional small-scale, microlighted enterprises are generally the ones that win a small profit, and it is expected that the price of products will be stabilized once commercial lighting enterprises are optimized。
(ii) the lighting series index drops and increases
At the beginning of the month, the lantern series index followed the downward trend of november, with the first three issues reporting points 128. 58, 120. 34 and 114. 64, respectively. At the end of the month, the fall was reported as 118. 45 points, with an average of 120. 50 points per month, a decline of 7. 66 per cent in the ring ratio. In the second half of this year, light-dressing enterprises faced greater difficulties as a result of the continuing downturn in the international market environment, with the order peak in september-october and the subsequent fall in orders after november. In addition to the high prices in the lighting industry this year and the high prices of plastics, paper boxes, logistics, etc., many enterprises have stopped production and have entered the rest period, and the lighting chain index has slowed down。
(iii) outdoor lighting series index rises and falls
The out-of-door lighting chain index stopped to pick up in early december, and the first three issues of data rose upwards, reporting 90. 30 points, 97. 74 points and 97. 75 points, respectively, and a slight decline of 95. 08 points at the end of the month, averaging 95. 47 points per month, an increase of 7. 62 per cent in the ring compared to november. Outdoor lighting products have been affected by external multiple factors, with higher price volatility, the completion of basic construction of municipal works and parks by the end of the year, the decline in demand for outdoor lighting products, the rollover of large company orders to next year, and relatively high prices for individual small orders, leading to a series of index fluctuations。
(iv) rise in the light source series index
With the development of semiconductor technology, the led light source has had a significant impact on traditional light source markets, while the led has experienced “quality differentials” and “price battles” in the process of innovation. The light source series index has been falling steadily since june of this year and has been very low in innovation, ending its downward trend for almost half a year in december and showing dynamism. The light-source series index reported 47. 80 points early in december, rising all the way up, closing at 58. 16 points at the end of the month, reporting an average of 53. 79 points per month, an increase of 12. 43 per cent over the november ring. Stimulated by rising prices of raw materials, volatility regulation in the led market and the growing use of light sources, the light-source series index has gradually stabilized and is expected to continue to rise in the next year, albeit at a much higher level。
In december, the end-of-year production period in the lighting industry was completed, and by january, the spring holidays had begun, many of the light factory and commercial businesses had been on leave and the volume of market transactions had been significantly reduced, and the overall market pattern for the new year was expected to become clearer after mid-february. Lighting companies should be open to ideas that increase production capacity, technological research and development, accelerate product upgrading, while focusing on consumption experiences, and expand marketing channels。
