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In 2024, Liuyang City's weekly fireworks show will be held as usual

March 15,2024

1.Recently, the Liuyang government issued a new regulation prohibiting all factories from producing fireworks that exceed size and powder limits. The policy puts forward strict requirements for the space between the tubes and the Angle of the cake.

2.Due to the two sessions of China, fireworks manufacturers have suspended production in early March and are expected to restart production in mid-March.

3.Due to the unclear sales of China's domestic market in 2024, large inventory, weather and other reasons, many fireworks factories delayed the resumption of production this year. Some factories are in a wait-and-see mode, planning to wait until the end of the two sessions to resume work.

4.Industry analysts believe that fireworks production capacity will stabilize in 2024.

In addition to special effects combination Cakes, fountains and other toy fireworks may be overcapacity. Due to the surplus of gatling in China's domestic market, the capacity of Magic Shots may return to normal.

5.According to analysis, in 2024, prices of raw materials will stabilize, and the impact on the reduction of fireworks production capacity will be reduced.

6.In 2024, Liuyang City's weekly fireworks show will be held as usual.