Phosphor prices soaring energy-saving lamps company production cuts

"550 yuan, 1,500 yuan, 3,000 yuan!" Behind a series of soaring numbers is the soaring price of phosphors. "In addition to wait-and-see production cuts and suspension of production, some domestic phosphor companies seem to have no other way." Recently, a senior executive of a large fluorescent company in Changshu told reporters helplessly.

It is not only the phosphor company that is sad, but also the downstream energy-saving lamp industry. An interview with the reporter was informed that due to soaring prices of rare earth raw materials, phosphor companies had to increase product prices to "depressurize," and this will inevitably lead to a chain reaction in the downstream energy-saving lamp industry. It is reported that due to the price increase of phosphors, Zhejiang's energy-saving lamp companies began to reduce production operations, and in the traditional lighting industry also concentrated in Guangdong energy-saving lamps companies are also facing a similar fate.

June prices double again

"The production of fluorescent powder for energy-saving lamps, there are individual suppliers offer has reached 3000 yuan per kilogram, and in March when less than 300." The above-mentioned high-level fluorescent company executives told reporters.

The reporter learned from a number of corporate executives that the current market price of phosphors is generally around 2,400-2,600 yuan per kilogram, which is less than a month's price compared with the price of 1,500 yuan per kilogram in early June. The price is nearly doubled.

It is reported that on the energy-saving lamp raw material content of rare earth, the manufacture of energy-saving lamps trichromatic phosphor from the red powder, blue powder and green powder mixed, red powder in the rare earth content of 100%, green powder rare earth content of 23%.

However, due to its own processing costs, the pressure of phosphors is mainly raw material costs. A rare-earth company official told reporters that irrational soaring of rare earth raw materials, the pressure on the transmission of phosphors will be more than 95%.

In the case of skyrocketing prices, purchases of companies that depend on phosphors have substantially decreased. "A small amount can also be purchased, but the price is high, the cost of doing phosphors will increase." The above-mentioned Changshu executives said that his company's current procurement is more cautious and will not buy too much.

In fact, the skyrocketing of rare earth raw materials not only brought about double the price of phosphors, but also aggravated market chaos. "At present, the phosphor market is rather complex, with many varieties, different grades, different costs and quotations." Some industry sources said.

"The current market, the market has a variety of price, some low-end powder, but there may be reported A-level powder." Changshu, said the top business executives, because the end customer is now difficult to accept the current price, the market to " "Powder powder" posing as Class A powder is more common.

Energy-saving lamps listed companies may be affected

Yesterday, the above-mentioned senior executives of Changshu Phosphor Company stated that “Now, the downstream applications of rare earths, including phosphors and lamp powders, are all reduced in volume, some are halved, some are only 1/3 of the original, and others are Then stop production and wait and see the next market changes."

Another fluorescent company in East China also admitted to reporters, "Rare earth raw material prices have been relatively high, the downstream did not dare to take orders, the phosphor industry is getting bad."

Reporters learned that production cuts and even production suspensions have become a lot of choices that fluorescent companies have to face, and even those companies that have the ability to accept orders are not optimistic. "Now the company's orders can be, but mainly to do low-end powder, high-end powder is difficult to do because the price is too high." Shandong phosphor company office revealed.

He also told reporters that the current order volume is still relatively large, "because it is still the previous order, the purchase price has been called to fulfill the order, but in the second half it is difficult to say, because the price went up, not necessarily sold Get out."

Zhang Linfu, chairman of Hangzhou Yuzhong Lighting Co., Ltd., said in an interview with the media that Zhejiang's energy-saving lamp factories are all cutting output. On the one hand, because the order itself is not large, on the other hand, the phosphor price fluctuations are too large, so do not want to produce more.

It is reported that before the prices of three-phosphor phosphors rose, the proportion of phosphors accounted for only 10% of the total cost of the energy-saving lamps, but the increase in price of phosphors led to a significant increase in the cost of energy-saving lamps. "Because of the price increase of phosphors, Zhejiang's energy-saving lamp companies began to reduce their production, and Guangdong energy-saving lamp companies, which are also concentrated in the traditional lighting industry, are facing a similar fate." Some media reports said.

For related listed companies, Xiong Xiaoyun, a color analyst at Shanxi Securities, told reporters that phosphors are only one of the downstream industries of rare earths, but the prices of other rare earth permanent magnets have continued to rise recently, indicating that downstream transmission also has a certain effect, in this case Next, the performance of listed companies in the rare earth industry is expected to significantly increase, including the domestic rare earth leader Baotou Steel Rare Earth. The Xiamen Tungsten Industry has both rare earth resources and phosphors. In addition, China Color and Guangsheng Nonferrous Metals have all benefited from varying degrees.

With the price of upstream phosphors rising steadily, if the downstream energy-saving lamp listed companies cannot successfully conduct the soaring of costs, it will inevitably affect the company's profitability. The related energy-saving lamps listed companies include Sunshine Lighting, Foshan Lighting and Snow Light.