Since early November, many Chinese carton factories began to reject new orders or restrict orders. The situation has been ongoing till now, with factories in Jiangsu, Zhejiang and Shanghai areas responded the most. As many as 18 local large and medium-sized carton factories issued emergent notices of the rise in price on the single day of November 12. Paper suddenly became in short supply. Carton factories couldn’t buy base paper even with cash in hand, causing a chain reaction of the entire manufacture industry.

The LED industry market competition has intensified leading to price plunges, and even some LED lighting manufacturers releasing low priced products that have been given the “cabbage price” nickname, reported Chinese LED website Grand Lighting (Dazhaoming). Prices of international LED manufacturers mid to high range LED products remain high, creating a huge price difference.