According to the Fuzhou Evening News on June 28, the export of energy-saving lamps in Fujian Province was significantly affected by the increase in price of fluorescent powder.
According to relevant sources of Fujian Ritsushin Group Co., Ltd., many upstream manufacturers are now selling goods, causing downstream companies to not be able to buy phosphors at most times. Ye Xiaoping, general manager of Fujian Hongbo Optoelectronics Technology Co., Ltd., said that the original fluorescent powder cost accounted for only about 10% in energy-saving lamps, and now with the price soaring, its share in the cost of energy-saving lamps rose to 60% to 70%.
The soaring of raw materials directly affected the terminal price of energy-saving lamps, and the export price of energy-saving lamps was forced to rise. According to the foreign trade personnel of Fujian Yongdeji Lighting Industry Co., Ltd., the energy-saving lamps exported can be said to be “biscuit prices,†but now they have become “meat prices.†Prices have changed so much that customers are naturally not easy to accept. Now companies are talking about orders in July, but they feel particularly difficult to talk about. It is estimated that the export volume of all export companies will be greatly affected.
According to the statistical data of Fuzhou Customs, in 2010, the export of energy-saving lamps in Fujian Province was 750 million, an increase of 33.3% over the previous year; the value was 840 million US dollars, an increase of 26.6%. In April last year, the year-on-year growth rate of exports reached a peak of 96.8%. However, since May of last year, the growth rate of energy-saving lamps in Fujian Province has been decreasing month by month. In the last two months of last year, it even experienced negative growth. In December of last year, the export volume was only 0.5 million, down by 40.1% year-on-year.
According to analysis by relevant persons from the Fujian Province Energy Saving Lamps Export Base Chamber of Commerce, the appreciation of the Renminbi in the past one or two years and the increase in manpower cost of the company all have a major impact on the export of energy-saving lamps in Fujian Province. This year, the prices of phosphors have been affected. The soaring impact on energy-saving lamp export companies is even more prominent.
“Because of the lack of self-discipline in the industry and the many objective factors such as overcapacity, the energy-saving lighting companies in Fujian have been viciously competing with each other, resulting in serious price erosion. As a result, product export prices have continued to fall,†said the relevant person in the Fujian Provincial Energy Saving Lamp Export Base Chamber of Commerce. The disadvantages of the energy-saving lamp production industry are now concentrated, making the original export price advantage lost. At present, how these factors affect the energy-saving lamp export industry in Fujian Province is still unknown. The Chamber of Commerce also plans to investigate this in the near future. Some energy-saving lamp export companies said that they hope that the relevant industry organizations can coordinate and reduce the vicious competition in the industry.
According to relevant sources of Fujian Ritsushin Group Co., Ltd., many upstream manufacturers are now selling goods, causing downstream companies to not be able to buy phosphors at most times. Ye Xiaoping, general manager of Fujian Hongbo Optoelectronics Technology Co., Ltd., said that the original fluorescent powder cost accounted for only about 10% in energy-saving lamps, and now with the price soaring, its share in the cost of energy-saving lamps rose to 60% to 70%.
The soaring of raw materials directly affected the terminal price of energy-saving lamps, and the export price of energy-saving lamps was forced to rise. According to the foreign trade personnel of Fujian Yongdeji Lighting Industry Co., Ltd., the energy-saving lamps exported can be said to be “biscuit prices,†but now they have become “meat prices.†Prices have changed so much that customers are naturally not easy to accept. Now companies are talking about orders in July, but they feel particularly difficult to talk about. It is estimated that the export volume of all export companies will be greatly affected.
According to the statistical data of Fuzhou Customs, in 2010, the export of energy-saving lamps in Fujian Province was 750 million, an increase of 33.3% over the previous year; the value was 840 million US dollars, an increase of 26.6%. In April last year, the year-on-year growth rate of exports reached a peak of 96.8%. However, since May of last year, the growth rate of energy-saving lamps in Fujian Province has been decreasing month by month. In the last two months of last year, it even experienced negative growth. In December of last year, the export volume was only 0.5 million, down by 40.1% year-on-year.
According to analysis by relevant persons from the Fujian Province Energy Saving Lamps Export Base Chamber of Commerce, the appreciation of the Renminbi in the past one or two years and the increase in manpower cost of the company all have a major impact on the export of energy-saving lamps in Fujian Province. This year, the prices of phosphors have been affected. The soaring impact on energy-saving lamp export companies is even more prominent.
“Because of the lack of self-discipline in the industry and the many objective factors such as overcapacity, the energy-saving lighting companies in Fujian have been viciously competing with each other, resulting in serious price erosion. As a result, product export prices have continued to fall,†said the relevant person in the Fujian Provincial Energy Saving Lamp Export Base Chamber of Commerce. The disadvantages of the energy-saving lamp production industry are now concentrated, making the original export price advantage lost. At present, how these factors affect the energy-saving lamp export industry in Fujian Province is still unknown. The Chamber of Commerce also plans to investigate this in the near future. Some energy-saving lamp export companies said that they hope that the relevant industry organizations can coordinate and reduce the vicious competition in the industry.
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