Rare earth prices spike LED lamps reap shot of the benefits

As a new generation of energy-saving light, LED light efficiency than the same price of rare earth fluorescent 6-10 times higher, but the LED energy-saving effect is better for large power consumption in public places, installing LED cost-effective. In addition, rare earth prices have rocketed and rapid decline after the maker of rare earth fluorescent lamps with up with an offer down, but prices frequently fast and high amplitude, gradually shaken the confidence of customers, resulting in orders plummeted.

Shanghai Lighting Society WU Hong pointed out that rare earth fluorescent lamp industry is currently operating at only four or five percent, businesses open to open the stop is the norm, very bad day too. Rare earth crises encountered by energy-saving lamps, but the rise of the LED cultivate a unique opportunity. It is reported that some manufacturers converting from rare earth fluorescent LED, LED lighting, such as the proportion of the sun from last year's 10% to 28% Wu Hong said that before 2011, the industry is expected to replace rare earth energy-saving lamps LED light time is 10 years, and now it seems not such a long time.

Rare earth luminescent materials market downturn provides an opportunity for the LED grow. Similarly, energy-saving light-emitting materials, rare earth fluorescent and LED situation is rainbow night, LED sales increase, rare earth fluorescent lamp is rapidly shrinking. According to Ganzhou Rare Earth International Forum was informed that in 2012 sales of 4,500 tons of rare earth luminescent materials, annual reduction of 43.8%; while the third generation of energy-saving lamps LED total sales rose nearly 34%.


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