2014-05-30

General Chinese Luminaire Market Prices to Inch Up 10% in 2015

As the Dragon Boat Festival approaches in China on June 1, 2014, the market has entered a new luminaire discount season, according to a report by Chinese-language media Kyushu Building Network. Top luminaire brands have all increased prices because of rising raw material and logistic costs. However, since lighting products are not daily commodities most consumers have been less sensitive towards incremental price increases. Some industry experts project prices will be up as much as 10 percent next year.
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