Whether the price of LED corn light will rise ?

Due to the upstream raw materials costs rise, LED corn light industry to enter the rise in price surge in an all-round. Last may, on the first wave of chip rise in price , at present, the surge has conduction to terminal consumer applications. The industry predicted that in 2017 LED corn light industry will maintain their current situation, price is even further edged up .
Since 2016, LED corn light industry successively in the five round of price increases, price increase is the main factors of the supply side rising prices of raw materials, as well as the small spacing on demand rapid growth in the field of LED corn light this segment.
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Two years ago the domestic LED corn light chip prices fell sharply, so 2016 price is bottoming rebound after the crash. But on the other hand, due to the price increase ,some LED corn light products supply appeared shortage phenomenon, is not a full reversal of the market, only structural shortage.
Because of the price hike in the current main reason is cost factor, demand growth also cannot benefit many businesses, so prices benefited range relatively limited, mainly concentrated the supply chain and annual ring which have the ability pass on the cost to downstream. Most of the middle and lower reaches of LED corn light manufacturers still faces that demand is not much but material cost rapid growth , affect profitability.
In view of LED corn light market price game, manufacturers should adopt reasonable strategy, avoid the "prisoner's dilemma", maintain industry into the cooperative game model, the last 2016 years don't drop the price rise, avoid back into vicious competition price war.

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