Mahogany furniture set off a "price hike"

A small mahogany bookcase sold for 24,000 yuan at the beginning of this year, and suddenly rose to more than 30,000 yuan in the past two days. On October 16, the reporter learned that the island city mahogany furniture recently ushered in a new round of "price hikes", compared with the first half of the average increase of 20%, has risen to the level before the last year's plunge. The industry said that the price increase of this mahogany furniture is mainly affected by the sharp increase in the price of logs. The rosewood furniture has risen by 20% in the furniture street of Dunhua Road in Shibei District, which is a place where the sale of mahogany furniture is concentrated. On the morning of the 16th, the reporter learned from many business operators here that compared with the first half of the year, the price of mahogany furniture on the market has risen sharply, with an average price increase of 20%.
“Recently, the price of mahogany furniture has risen, and some of the increase has exceeded 30%.” In the Furma Redwood Furniture Pavilion, mahogany furniture dealer Ms. Zhang told reporters that last year's mahogany furniture prices have experienced months of plunge, but this year In the past six months, with the brightening of the economic recovery, mahogany furniture has not stopped the price increase, and has now risen to the level before the plunge last year. For example, a small mahogany bookcase sold for 24,000 yuan at the beginning of this year, and suddenly rose to more than 30,000 yuan in these two days.
The price increase of logs is the main reason. “The main reason for the price change of mahogany furniture is the change of the price of mahogany raw materials, that is, the price of logs. This time is no exception.” The executive vice president and secretary general of the Municipal Furniture Association, Shan Qingchuan, said that the logs There are many reasons for the price increase. Firstly, the scarcity of log resources is scarce. In addition, the origin of redwoods in Southeast Asia such as Myanmar and Laos has recently increased the control of deforestation, which has led to a sharp decline in the market for redwood raw materials.
In addition to objective factors, the price fluctuations of rosewood are also artificial. With the hot sale of mahogany furniture, the team selling mahogany and mahogany is extremely inflated, and the purchase of redwood raw materials has become a new hot spot.
The high-end mahogany appreciation space for the future market trend of mahogany furniture, Shan Qingchuan said that the market's recovery has not yet reached the end, this year's mahogany furniture is expected to continue to rise. "At the same time as the market's recovery demand has increased, the number of production enterprises has decreased substantially, and the relationship between supply and demand has changed. Not to mention the shortage of logs." Shan Qingchuan said. In addition, because of the economic recovery, the number of island city collectors is increasing, and the increasing consumer groups are concerned about the combination of practicality and value-added mahogany furniture, which will also help the price trend to rise.
"The price of mahogany furniture is like the price of a house. In 2004, the 2 meter long leaflet was 80,000 yuan per ton. The price is now 10 times that of the time. No one can say where the future price will rise." At present, the best redwood varieties on the market are Hainan huanghuali, followed by Vietnamese rosewood, red sandalwood, rosewood, ebony, and chicken wing wood. Among them, Hainan huanghuali, which is regarded as the weather vane of the mahogany collection, is very rare. The appreciation space of other mid-to-high-end mahogany is also very large. It is necessary to remind the public that when investing in mahogany, do not rush at the price increase. After all, the liquidity of mahogany is low, and the risks involved should not be underestimated.

Art Roller

Art Roller,Paint Art Roller for Ceiling,Best Painting Art,Paint Roller for Art

Jiangmen Nichiyo Decorative Material Co.,Ltd. , https://www.nichiyopt.com