Lighting-level LED price declined 5-9% in 1Q14 as distribution channel inventory levels gradually returned to norm and manufacturers stock-up before Chinese May Day holidays, according to LEDinside, a research subsidiary of TrendForce. Backlight LED price dipped around 3-7%. Price declined steadily during 1Q14 compared to previous slack seasons.
Recent changes in spot market trends have led to substantial decline in PV products trading prices. Price quotes for polysilicon to modules dropped around 1%-3%, noted EnergyTrend, a research division of TrendForce. Whether demand fluctuations at the end of March implies weaker 2Q14 demands still remains to be seen.
LEDinside Chief Analyst Market Analysis Seminar opened in Shanghai Parkyard Hotel on March 19, 2014. Global LED bulb demand will grow 86%, while LED tubes will be up 89%, anticipated LEDinside analysts. As sapphire substrate applications diversify, supply and demand can reach an equilibrium by 2014.