Guzhen Lighting Price Index Review and Outlook

Since October 18 last year, the Guangdong Provincial Price Bureau released the “Guangzhen Guzhen Lighting Wholesale Price Index” for the first time at the opening ceremony of the 9th Guzhen lantern expo. As of the end of January this year, the Guangdong price index platform has successively issued five indices. The data is covered by the initial single “Wholesale Price Index”, a comprehensive index covering the sub-categories of price indices for lighting, lighting, commercial lighting, outdoor lighting and LED applications.

The township lighting wholesale price index selected the average price index for the three months of July, August and September of 2009 as the base period (100), and the first phase index of August 2010 was calculated as 100.13. Then the second phase index was issued in the calculation cycle of the month. (September) was 105.4, up 5.26% from the previous period, the third period index (October) was 101.7, down 3.51% from the previous period, the fourth period index (November) was 106, 4.23% from the previous period, the fifth period index (12 Month) was 106.8, a slight increase of 0.75% from the previous quarter.

The trend of the five-period index generally showed a trend of rising first and then falling, and then gradually going higher. The overall rise and fall was between 3% and 6%, and the volatility was not significant. Guzhen Lighting Industry, as a market with high degree of openness, concentrated industrial chain and fierce competition, has a close relationship with various factors such as cost control, technology upgrading, sales cycle, export trade, and exhibition promotion. Last year, as the overall rise in consumer prices in society, workers' wages and production costs naturally rose. Material costs may fluctuate due to the influence of some major raw materials, such as copper and iron, and the ex-factory price of lighting and lighting sources also increases. As these factors increase, the technology becomes more and more mature, so that the R&D cost will be narrowed with the popularity of new energy-saving products. The continuous regulation and control of the domestic real estate market and the appreciation of the renminbi, the increase in the loan rate, and tax refunds are still relatively large tests for many trade-oriented and export-oriented enterprises.

Comprehensive analysis, Zhongshan Guzhen lighting wholesale price index was officially born only a few months, its rise and fall trends and data can be a basic factual reflection of the ancient town lighting wholesale market, the price of each series of products in the lighting professional market and consumer economic cycle changes The surging changes in China have initially played its role as a weather vane and barometer that scientifically and objectively reflects the trend of price changes in the ancient town lighting industry. The supporting factors behind this are the "leverage" status of the ancient town as the largest professional lighting production base in the domestic market with the largest weight in the domestic market and the most concentrated industrial chain. The town needs to continue to integrate planning and reforms in the areas of industrial upgrading and institutional innovation to improve the optimization camp. At the same time, the business environment continues to actively carry out brand protection work in lighting patents, copyrights, etc., guide enterprises to extend the industrial value chain, focus on fostering brand culture, and improve the lighting price index of the navigation mark by improving the brand of lighting and lighting accessories exhibition. The functions of lights and propellers are to cultivate more high-quality professional star stores and to shape the lighting culture of lighting street to improve the soft environment and popularity of ancient towns, and further enhance the authoritative weight and influence of ancient towns in the national lighting market.