The price of LED bulbs continued to decline in July

Prices for LED bulbs in the world continue to fall in July 2017. According to a price report released by the LEDinside on Wednesday.The average retail price of LED bulbs, which replace 40-watt incandescent bulbs, fell 0.9 percent to $6.50.The average retail price of LED bulbs replacing 60 watt incandescent bulbs has fallen 2.8 percent to $7.8.
Yu Bin, who is LEDinside analyst, said Europe and the United States and Japan regions price drop is more obvious. On the one hand, It is caused by the vendor low rob city strategy. On the other hand, due to a new product at a lower price were launch, the overall average price down.The prices in China have been raised, mainly due to the price correction of international manufacturers. Prices in China rose 1.1 per cent, replacing 40 watts.China's regional prices rose 1.8%, replacing the 60-watt.
The price of lighting LED packaging device remains stable in China LED packaging.The report notes that although chip makers have released capacity since the third quarter, market demand is still tight and prices are stable. Because 2835 is the most used product in the market, the price is already low, so the price reduction space is small, and the price has been stable for several months. For the 3030 LED products above 1W, the price is stable. Some international manufacturers have raised their prices slightly.