In October, the Guzhen Lighting Price Index was still weak in the market

In October, the Guzhen Lighting Price Index released a total of three data, with an initial monthly report of 123.48 points and a monthly minimum of 121.41 points. The monthly average was 120.81 points, which was 1.32% higher than the September average of 119.24 points. In September this year, the price index of the lighting products was positively “V”. It can be seen that the market is relatively volatile and failed to rise as usual, which is contrary to the expected peak season in the second half of the year. Despite the expectations of the traditional "Golden September and Silver 10", there is also the promotion and driving of the trade fairs such as the Canton Fair, the Guzhen Light Fair and the Hong Kong Autumn Lighting Fair. However, the market momentum is still weak, unable to cover up the shortcomings of the upside, the market sentiment Relatively dull compared to previous years.

The average monthly average of the four series of indices in October was “three liters and one drop”, specifically:

The average number of commercial lighting series in October was 104.25 points, up 3.41% from September;

The average number of lighting series in October was 131.66 points, up 1.1% from September;

The average number of outdoor lighting series in October was 112.32 points, up 4.69% from September.

The average number of light source series in October was 96.41 points, down 2.83% from September;

(1) The commercial lighting series index has been stable and up. The commercial lighting series index was more active in the third quarter, with a larger monthly increase. Although the inertia of the interlaced volatility continued in October, it was relatively stable and traversed on the increasing average. The average number of this month was 104.25 points, up 3.41% from September, but there was a significant step up in August and September. According to the analysis, the price of commercial lighting series with strong stereotypes changes with the change of raw material prices, while the recent composite prices of raw materials such as iron, copper, zinc and aluminum remain stable. Although commercial lighting is subject to different levels of competition in the price competition of various sub-products, the overall performance is in the middle and upper range. Consistent with the September forecast, commercial lighting products are expected to decline at the end of the year as demand for the interior decoration market decreases.

(2) The lighting series index is cold. As the most important mainstream product in the industry, the lighting series has experienced large fluctuations since late September. The signs in October are more obvious. The monthly average has increased slightly by 1.1% from the previous month. The overall trend is positive "V". Large-scale exhibitions such as the Canton Fair, the Guzhen Light Fair and the Hong Kong Autumn Lighting Fair opened in October, which has a certain direct warming effect on the lighting market. However, affected by the economic environment, in recent years, the hot effects and promotion of the exhibition have become weaker, and the role of large-scale industry exhibitions in stimulating market prices has gradually faded. Looking at the trend of the lighting series this year, the overall increase or decrease is not large, but the trend between the months can still basically reflect the difference between the hot and cold period of the market transaction, but it is not obvious in previous years. This reveals the weakness of the market power and the lack of upward momentum, which has led to a cold market sentiment. With the end of "Golden September and Silver 10", it is expected that the lighting series index will be flatly lower at the end of the year.

(3) The outdoor lighting series index has been rising all the way. In the two months before the end of the outdoor lighting index, the momentum of “big ups and downs” turned into an upswing in October and has been rising. The monthly average is 112.32 points, up 4.69% from September. According to national customs, in the fourth quarter, although the number of newly developed real estate construction projects across the country has gradually decreased, this period is a relatively concentrated period of infrastructure completion, existing or newly built residential quarters, municipal construction and public parks. The demand for outdoor lighting products and the procurement heat of supporting projects are increasing. The analysis pointed out that the outdoor lighting series will operate in the high range and continue for a while.

(4) The light source series index has fallen slowly. The average number of light source series index in October was 96.41 points, down 2.83% from September, and the overall trend was slow, and the magnitude was not obvious. Since September, the light source series index is no longer "ups and downs" as in the past, more flat and stable. According to the analysis, due to the deepening of consumers' awareness, the variety of products and the increasing demand of the market, the price of the light source series products will continue to be stable and slightly lowered.

Looking at the overall trend of the general index in September and October, there are obvious ups and downs in the atmosphere of the traditional peak season, and the change range is relatively large, which fully indicates that the favorable atmosphere of the lighting market peak season is not seen, slightly flat. Affected by macro factors, the market wait-and-see atmosphere is quite strong. With the end of the traditional peak season, the lighting and lighting industry will gradually shift to the off-season, the market demand will gradually shrink, and the year-end lighting price index will end in a downward trend.

In addition, the traditional Chinese New Year in 2016 will be 11 days ahead of this year, and the timing for each company to adjust production and sales plans will be appropriate. Under the circumstances that the macroeconomic factors have not changed significantly, or the government has not promoted the relevant positive news, it is expected that the Guzhen Lighting Price Index will enter a rest stage in the coming November, showing a small trend, but the fluctuation will not be too Big.

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