Rare Earth Phosphors Send Prices Skyrocketing!
If you’ve noticed the increasing prices of fluorescent lamps jumping lately, there’s a reason. And it’s not just manufacturers making more money! You may have heard about a “Rare Earth Phosphor” crisis in the global market. The lack of phosphors has sent prices skyrocketing across many industries, including fluorescent lamps. Here’s what’s going on…
Our friends in China have clamped down on production of Rare Earth Phosphors. Supply and Demand = prices have gone up. This problem first presented itself last summer, and prices have steadily increased ever since. Prices that are normally guaranteed for a year or two are now being quoted for a few months at a time.
Bottom line- Time to start stocking up on lights!
Update: The 700 series T8 lamps that were slated to be discontinued this summer have been ok’d to be produced for another 2 years. The Rare Earth problem has pushed prices too high to force everyone to move to the 800 series lamp. With that being said, if you’re a fan of better quality light, and more lumens per watt, you may want to move to the 800 series anyways.
Thanks for reading!