May town lighting price index fell continuously

In May 2012, the Guzhen Lighting Price Index released a total of four periods of data. The average monthly index was 103.8 points, which was 2.63% lower than the average of 106.6 points in April. This is the overall index has been in the downward range for three consecutive months, and in May The four-weekly weekly index continued to fall, with 105.6 points reported at the beginning of the month, 101.3 points at the end of the month, and a monthly drop of 4.07%, reflecting that the recent lighting market transaction atmosphere was relatively flat, regardless of the transaction volume and prices are at a low point in the first half of the year. Consistent with the cycle characteristics of the market in previous years.

The monthly averages of the five series of indices fell across the board. Specifically, the monthly average of commercial lighting series was 116.9 points, which was a decrease of 2.58%; the monthly average of LED application series was 70.7 points, which was a decrease of 6.73%; the monthly average of light source series was 110.6 points, down 2.73% month-on-month; the monthly average of lighting series was 107.8 points, down 2.0% month-on-month; the average monthly outdoor lighting series was 78.9 points, down 1.99% month-on-month.

(1) The index of lighting series weakened. After the series of lighting products fell after the previous month, the overall lack of support in May continued to fluctuate, but the decline narrowed significantly. This year, the domestic lighting industry as a whole continues to be sluggish. The greater pressure comes from the deepening of real estate policies, and the weak growth in terminal demand for lighting products. The overall cold and heat changes in the lighting market reflect the stable delay in domestic prices. In May, some domestic cities have preferential and relaxed housing mortgage policies, but the momentum of volume and price increases should be passed on to the home improvement lighting market. Still need a delay period.

(2) The index of commercial lighting series rose first and then fell. The commercial lighting series index climbed upwards in May from the previous month, but it showed a larger decline. The monthly average dropped by 2.58% from the previous month in April, and the trend rose first. With the continuous upgrading of domestic consumption structure, people began to pay attention to the decoration of home lighting, and the demand for space decoration will maintain strong momentum in the coming period. Indoor lighting industry, especially commercial lighting, will be widely used and upgraded. More reflected in the price competition in the same level, so the changes in commercial lighting response is more sensitive.

(3) The index of light source series fell flat. The two-year basic peacekeeping level after the light source series index fell in the first half of May was a monthly average of 110.6 points, a decrease of 2.73% from the previous period. In April, the index reached the highest level in six months. In May, there was an inertia correction. The main reason for the change in the latter period was the trend of rare earth prices and the policy tone of the country's further regulation of the structure of the rare earth industry in the second half of the year.

(4) The index of LED application series oscillated and fell. The LED series index had a rare phenomenon of an increase of 6.31% from the previous month in April, but then it oscillated and fell to 70.7 points in May, down 6.73% month-on-month. The reason for the price increase in April was speculation that some powerful companies launched high-priced new products during the concentrated period of the show. By May, the replies were mainly the shipment of conventional products, and the prices were further lowered. LED lighting products technology to promote the continuous decline in driving costs, inevitably set off in the industry intensified price promotion war, "volume price decline" is the characteristics of its current development cycle.

(5) The decline in the index of outdoor lighting series narrowed. The outdoor lighting index first went up and then fell in May, showing an inverted "V" pattern. The monthly average was 78.9 points, which was a 1.99% decrease from the previous period, continuing the decline in April and narrowing the margin. A major market for outdoor lighting products is the supporting needs of residential communities. In this regard, the slump in the real estate market is slowly increasing, while the demand for municipal construction and public parks varies greatly from month to month, and they are transmitted to the outdoors in bulk purchases. The average market price of lighting has also changed significantly.

The decline in the price index of various lighting products in May this year can be seen as the concentrated performance of the lighting market downturn on the annual timeline since the beginning of this year. The supporting power of the lighting market is directly related to the prosperity of the real estate market and the domestic export situation. Competition in the domestic lighting market is also standing at the stage of rapid development of participating companies. Many companies need to survive and develop in the situation of internal and external factors. The market sentiment in June remained weak, and it is expected that the lighting price index will rebound slightly.