Recently, some media have reported that the price of Burmese rosewood has dropped 60% in one year, and some have said that the waist is squatting, the price of red rosewood is falling, and even Hainan huanghuali is 900 yuan/kg. People are in a hurry... "Is there such a discount?" Or can only explain that the reporter does not understand the common sense of the minimum and the rules of the mahogany market, was fooled." These news, when out of the street, were ridiculed by the mahogany furniture dealers.
Truth: The price has never fallen
“Why is the news of the price drop of mahogany furniture concentrated in this period? It is nothing more than suppressing the mahogany furniture market, because the upcoming September will be the peak season for the sales of mahogany furniture.†Hu Yuanlian, general manager of Zibotang, pointed to a report in the article. Written "28,000 yuan per ton, into more than 100 tons of specifications in the diameter of more than 20 cm, about 2 meters long Burmese rosewood, I did not expect that only one year, the market price actually fell to about 13,000 yuan, a total of 50% To 60%." The text says, "If this is the case, it can only show that this is a small speculator and is not familiar with the material."
Burmese rosewood is one of the most important materials of Zibotang. Zibotang's own factory is in Zhongshan. Studying prices and hoarding materials is what they have to do every day. He told reporters that general mahogany suppliers purchase at least 2,000 to 3,000 tons at a time. And for furniture manufacturers, Burmese rosewood is 30 cm in diameter is the normal material. “A year ago, when the price of redwood was the highest, the price of 30 cm in diameter and 28,000 yuan/ton last year appeared, but no furniture factory would buy it. Last year, the price purchased by the furniture factory did not exceed 26,000 yuan/ton.â€
“The price of Burmese rosewood is hydrated. After all, the entry and exit of hot money will definitely affect the whole market.†Hu Yuanlian said that the current price is not more than 20% compared with the highest price last year.
"The price of Siamese rosewood is soaring? Is this a joke?" Wang Xinquan, general manager of Mingyiyun Redwood Furniture, admitted that the price of Siamese rosewood has moisture, but it has never fallen. Mingyiyun mahogany furniture was originally a large-scale manufacturer of Siamese rosewood furniture. The reason why the furniture of Burmese rosewood was produced was because the red rosewood was becoming scarcer and the price was getting higher and higher, and Wang Xinquan and his partner were also the origin of mahogany materials. “In the second half of 2012, the highest price of 30 cm in diameter was 260,000 yuan/ton, but in 2013, the price of Siamese rosewood was one day, up to 600,000 yuan/ton. As for the price of 700,000 yuan/ton, the price is high. No market. Throughout 2014, until now, the price of the bulk material is still the price, there is no decline, as for the small material, there is a small drop of 10% to 15%."
After the news of the price cuts of Burmese rosewood and Siamese rosewood, there was still a message in the WeChat microblogging circle: "Hainan huanghuali 900 yuan / kg less people care about it", the reporter checked, this news report has long been, is As early as the beginning of July 2008, "Hainan Special Zone Daily" was a news item in the "Today's Concern" column. On the second day after the report, Hainan Province collectors convened an emergency meeting to clarify. On July 10, Hainan's "Southern Metropolis Daily", A reporter from a number of media outlets in the Hainan Economic News confirmed that “it is completely a messy report†and now appears on WeChat Weibo. In Guangzhou, the furniture of Hainan Huanghuali is rare. The furniture is a business with more inventory. The first reaction of its general manager Chen Chubiao to hear this sentence is “I have all wantedâ€.
Market forecast: September saw up and down saw
The price of raw materials has been affecting the nerves of the mahogany furniture industry. In 2013, the “crazy wood†continued to be staged. Although the mahogany market was relatively sluggish in the first half of 2014, the prices of imported mahogany raw materials fell by an average of 10% to 15%, causing furniture prices to stagnate and even A small decline. The production cycle of mahogany furniture is generally 3 to 5 months. For most companies, furniture made from “high price†buying materials last year will be available in September. Moreover, entering the peak season of mahogany furniture sales, the "golden nine silver ten" market will also lead to a general rule of increasing supply and demand prices. Based on this calculation, the price of mahogany furniture is about to start to increase. "In the next two to three months, the price of Burmese rosewood will definitely rise, and the increase is expected to be between 10% and 20%." Many insiders analyzed this.
"But the factors affecting the consumption of mahogany furniture are far more than the price of raw materials, as well as the real estate market and the trend of high-end consumer groups." Hu Jing, general manager of Jinshanghong told reporters that only the raw materials, the oldest mahogany furniture - Hainan huanghuali, The lobular rosewood and Laos red rosewood raw materials are gradually depleted, and their prices will not be lost. Burmese rosewood, the most extensive rosewood wood, has great potential for price increases. "Especially since the promulgation and entry into force of the CITES Convention (International Convention on the Endangered Species of Wild Fauna and Flora) last year, under the pressure of international public opinion, countries such as Southeast Asia have to enact relevant laws and regulations to prohibit the slashing of mahogany raw materials and limit their Exports.†And Southeast Asian countries have repeatedly raised timber export tariffs, and the cost is getting higher and higher, which is bound to lead to price increases.
But the real estate market is not optimistic. At present, the property market is in a period of adjustment, bank credit is still tight, developers began to increase sales, and the volume of transactions gradually picked up, but the industry generally believes that it is too early to talk about the warmer. At the same time, with the deepening of anti-corruption, some domestic high-end luxury goods consumption has seen a significant decline, and the high-end mahogany furniture industry is no exception. "These two reasons will directly affect the market sales and sales price of mahogany furniture. Without sales, the price is unlikely to rise." Hu Jing said. This statement was also recognized by Wang Xinquan.
“But in any case, it is time to buy furniture from Hainan huanghuali, lobular rosewood, and Laohong rosewood, because the scarcity of materials determines the high value of its investment. The ebony in traditional mahogany furniture (specifically, sultan) Ironwood and Indian chicken wings are worth collecting, but these materials are few, such as chicken wing wood, and now mostly African chicken wings, the product is much worse."
Hu Jing also believes that the value of mahogany should not simply consider the price of the material, the most important thing is the artistry, the craft determines the price. “Whether it is used or collected, if it is just good materials, the process is rough and don’t buy. If the materials are real and the craftsmanship is superb, even the emerging red wood quality like Burmese rosewood, even if the price rises by 20%, has the same potential.
Editor in charge: Shanghai GO Jiaju
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