October Guzhen Lighting Price Index released, peak season market picks up

Due to the National Day and Mid-Autumn Festival public holidays, lighting enterprises entered a rest period. In October, Guzhen Lighting Price Index released three data, reporting 108 respectively. 86, 108. 59 points and 112. 91 points, monthly average is 110. 12 points, compared with the average of September (107. 91 points)Up 2. 05. In the traditional peak season of Golden nine silver Ten, the total index due to the National Day and Mid-Autumn Festival public holidays, lighting companies entered the rest period, in October the ancient town Lighting Price Index released a total of three issues of data, respectively reported 108. 86, 108. 59 points and 112. 91 points, monthly average is 110. 12 points, compared with the average of September (107. 91 points)Up 2. 05. In the traditional peak season of The Golden nine silver ten, the total index reversed the downward trend of the first three, and the market trading atmosphere warmed up, hitting a high of 112 at the end of the month. 91 points. Driven by the Hong Kong autumn lighting show, The Autumn Canton Fair, the ancient town Light Fair and other exhibitions and the promotion of the Belt and Road Initiative Policy, in October, the lighting Series Index, outdoor lighting Series Index and light source Series Index all performed well with obvious increase, providing impetus for the overall index to rise. However, the commercial lighting Series Index is uncharacteristically, and the market is not clear. The monthly average of the four major series indexes rose three times in October, specifically: the October average of the commercial lighting series was 99. 57 points, down 4 from September. 96; The average number of lighting series in October is 115. 39 points, up 2 from September. 80; The average number of outdoor lighting series in October is 104. 34 points, up 6 from September. 05; The average number of light source series in October is 102. 79 points, up 4. From September. 48; The commercial lighting index reversed and fell, and the commercial lighting Series Index was generally active in the third quarter, with monthly increases. In the first month of the fourth quarter, the trend of commercial lighting Series Index in October turned to decline, with a monthly average of 99. 57 points, down 4. 96. With the reduction of the market demand for interior decoration such as commercial projects, municipal projects, hotels and families at the end of the year, commercial lighting enterprises are trying to get rid of part of the inventory before the end of the year and stimulate the market by lowering the price, it is expected that the index will also run in the next two months. The lighting Series Index rose strongly. The lighting Series Index ended the momentum of staggered shocks in the months before it ended. It turned upside since October and has been rising all the time, reaching a high of 121 this year at the end of the month. 26 points, monthly average is 115. 39 points, up 2 from September. 80. With the development of market flattening, the exhibition effect has been weakened, and the transmission effect of large-scale industry exhibitions to stimulate market prices has gradually faded, but the role of lighting products as a weather vane for the seasonal cycle of the lighting industry is still firm, the trend between the months can still basically reflect the difference between the hot and cold periods of market transactions. With the end of the Golden nine silver ten, it is expected that the lighting Series Index will be slowed down at the end of the year. The outdoor lighting series index oscillated and rose. In October, the outdoor lighting Series Index fluctuated greatly, with fluctuations rising alternately, with a monthly average of 104. 34 points, up 6 from September. 05. The 2017 Hong Kong Outdoor Lighting Exhibition was held ceremoniously in October. The market share of outdoor lighting in countries along the Belt and Road Initiative has been increasing. In addition, the fourth quarter is generally the concentrated period for the completion of local infrastructure and the commencement of new projects, the purchase of outdoor lighting products will increase, and the outdoor lighting index is expected to remain active in the fourth quarter. The light source Series Index rose first and then fell. In early October, the light source Series Index showed a strong momentum of 107. 70 points, then all the way down, at the end of the month to close 99. 89 points, monthly average is 102. 79 points, up 4. 48. Among the light source series products, fluorescent lamps, brackets, ring tubes and other products have an active market atmosphere, while LED bulbs have fallen all the way, causing the light source series index to decline in the later period, it is expected that the light source Series Index will move steadily in the gradual downward adjustment. In October, the price index of Guzhen Lighting was moderate and upward in the traditional peak season, but the overall range was not large and the market wait-and-see atmosphere was strong. This year, the ancient town lights will be postponed until October 30- It was held on November 3, and the autumn Canton Fair was also held on October 15- It was held on November 4. The effect of the exhibition in October is not obvious. It is expected that the index will still rise slightly in the early November and enter the year-end finishing stage.