Rosewood furniture price trend

Recently, the price of rosewood has fallen, and some mahogany furniture has begun to sell at a discount, but some prices are still firm and even have a rising trend.

Good wood did not fall

"The price of huanghuali will not fall, neither 'sea yellow' nor 'yellow' will fall." Regarding which of the mahogany did not cut prices, the factory director gave the reporter a clear answer from the beginning.

"The price of huanghuali has not risen very fast in the past two years, but it has been rising and is still rising. Although the price of lobular rosewood has not risen, it has not fallen."

For some of the current phenomenon of dealers smashing wood, he believes that the goods are now good wood, which is the best in wood. This kind of wood cuts one less one, and it will be hard to appear again in the future, and those who are secondary, cheaper, no one to go.

For the high-end mahogany furniture from the hands of famous people, the road manager thinks it is very valuable for collection and investment. “This kind of mahogany furniture is already a work of art. Its artistic value has surpassed the value of mahogany itself, and the future appreciation space is also the largest.”

The red rosewood falls more

"The time has risen too much, and the decline has been normal during this time." According to the director of the road, the price of mahogany has dropped a bit since September 2011. So far, the most dropped is the red rosewood. . "The main reason is that the red rosewood is being fired too high. At the beginning of the year, it was still 160,000 tons of Siamese rosewood. The highest was fired to 400,000 tons. The foam inside was too big."

"The people who deal with the furniture of Siamese rosewood are also relatively high-end, and the current economic situation is not very good. The number of customers to buy is less, and the price will naturally drop." The factory manager said that the price of Siamese rosewood is too high. High, some raw material dealers believe that the risk is too high, and instead of operating other types of mahogany, there is a situation where there is no price. This also contributed to the decline in the price of raw materials of Siamese rosewood.

Falling prices may be related to financial constraints

Despite the high price of rosewood furniture, there are reasons for hot money speculation. However, with years of market experience, the factory manager believes that the practical mahogany furniture facing ordinary consumers is less likely to continue to fall. The most important reason is the scarcity of wood. Like Hainan huanghuali, lobular rosewood, etc., most of the materials need 500 years, and now it is cut a little less, and only a small part of the core is available.

"In addition, the price of mahogany furniture is not only the scarcity of raw materials, but the increasing cost of labor has also become an important factor." Lu Changcheng told reporters that the monthly wages of skilled workers in this industry have been rising in recent years. Even the labor costs of cutting wood, transportation and transportation are constantly increasing. “From raw materials to processing and distribution, the whole line has risen, so the price of finished products will definitely rise.”

Regarding the price cuts this time, some experts believe that it has a certain relationship with China's big economic situation. According to industry insiders, 80%-90% of the businesses that make mahogany raw materials business have loans, ranging from three to five million yuan to more than ten million yuan, many of which rely on private lending. The year is approaching, and some small companies with large loans and capital turnover are unable to hold back. They can only choose to cut prices. This also caused some rosewood prices to fall to some extent.

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