Jiangsu Changshu exports of LED phosphors increased in price in the first quarter

According to the statistics of Changshu Entry-Exit Inspection and Quarantine Bureau, in the first quarter of 2015, a total of 2,816 kilograms of LED phosphors were exported from Changshu, amounting to 1,870,300 US dollars. The export weight increased by 6% year-on-year, while the export value dropped by 27.6%. The increase in price is falling.

In the first quarter of 2015, there were two varieties of LED phosphors exported from Changshu, namely green LED phosphors and yellow LED phosphors. Among them, green LED phosphors were 1716 kg and 1.696 million US dollars, and the export weight increased by 18.6% year-on-year. The decrease was 16.1%; the yellow LED phosphor was 1,100 kg and 173,400 US dollars, and the export weight and amount decreased by 9% and 69% respectively.

In the first quarter of 2015, the LED phosphors exported from Changshu were mainly exported to Hong Kong and the United States, accounting for 53.7% and 43% of the total (by weight) respectively.

In the first quarter of 2015, the price of LED phosphors exported from Changshu decreased sharply year-on-year. The average unit price of green LED phosphors and yellow LED phosphors decreased by 29.3% and 65.8% respectively. The main reason for the sharp drop in prices is the export of LED phosphors to eliminate the export quota system. Second, LED phosphors are deep-processing products. The state encourages exports and increases the export tax rebate of LED phosphors to increase export competitiveness.

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