According to a research report, Apr. average retail prices for 7-Watt LED bulbs (equiv. to 40-Watt incandescent bulbs) in the China market rose by 23.4% on month to CNY35.9, while that for 9-Watt LED bulbs (equiv. to 60W incandescent bulbs) fell by 1.8% to CNY38.1.
The report indicated that average retail prices for 7-Watt and 9W-Watt LED bulbs in the Japan market in April stood at JPY1721 and JPY2852 respectively, with the former decreasing by 1.1% on month and the latter by 11.0%.
April average retail prices for 7-Watt and 9W-Watt LED bulbs in other markets were: KRW10075 (rose 1.9% on month) and KRW14134 (rose 1.8%) in South Korea; $19.9 (fell 3.9%) and $19.3 (fell 2.5%) in the US; EUR9.9 (rose 15.1%) and EUR14.2 (fell 2.1%) in Europe.