Prices were stable in China’s lighting LED package market in July. Even though the capacity expansion efforts by LED chip suppliers are starting to have an effect on the market entering the third quarter, package prices have remained steady due to high demand.
Currently, the most sought-after package on the market is 2835 LEDs. However, prices of 2835 products are unlikely to drop further as they are already near the bottom. In fact, the price trend of 2835 LEDs has shown stability over the past several months. Some international suppliers raised prices slightly for their mid-power 3030 LEDs in July. However, prices of 3030 LEDs of one watt and above were generally stable.