From the second half of last year, the news of a plummeting mahogany furniture rapidly spread. Some reports such as “The Redwood Furniture Crashes a Thousand Times†were reported in many media. For a moment, Redwood collectors talked about the change of Redwood. However, some time later, some people rumored that the price of mahogany still continues to look bullish. This one fell two news, so many mahogany businesses are scared of a cold sweat, so far many mahogany furniture collectors feel a little "halo." What is the status of this industry? Is Redwood facing another stir? Recently, the reporter took these problems and visited several mahogany furniture merchants in several large-scale furniture markets in Dalian. He also interviewed several mahogany furniture collectors to uncover the mahogany furniture market.
Market prices are relatively stable
When the reporter visited several furniture markets, he happened to encounter a pair of couples who came to see mahogany furniture. “The house is being renovated. Once a half year ago, I once saw mahogany furniture and learned about the situation. I heard that the price of mahogany fell. , hurried to run to see, the results found that the price did not change with half a year ago, but discount hit less, we intend to look again.†Reporter learned that many businesses do not consider the price, there are some businesses outspoken, redwood furniture in the near future The price of the market has not experienced too much volatility. The cost pressures on rare wood continue to exist and it is estimated that it will slightly increase slightly.
A manager of a mahogany furniture business, Mr. Wang, heard the reporter’s intentions and smiled and said: “Where do you see where the price of mahogany is falling, if you see it quickly tell me, I’m going to grab the wood. For our business, it’s not I hope that the price of mahogany will always rise, and now the better mahogany is a few tons and a ton, and we don’t have much at hand, but now the situation is that some fine ebony, huanghuali and other good mahogany, the global raw materials are very Limited, if you use a little less, the cost will inevitably rise."
An industry source told reporters: Taking the red rosewood, which is relatively easy to sell, as an example, the price in 2006 was basically between 40,000 yuan and 50,000 yuan. In 2007, it rose to 60,000 yuan to 70,000 yuan; after the 2008 financial crisis, , Once fell back to 30,000 yuan to 40,000 yuan; after 2009, the price of mahogany is basically a slow rise, and now the price of red rosewood is about 80,000 yuan. It can be seen that the price of mahogany furniture also briefly fell to the bottom, but the "plunge" is absolutely impossible. The reason why mahogany furniture is expensive is mainly because it takes a long time to complete mahogany furniture. Redwood is mainly distributed in the narrow areas on both sides of the Earth’s equator. Like black rosewood and red rosewood, it takes several hundred years to become mature. Therefore, the price of rosewood rose by about 15% per year, which is a reasonable increase.
Redwood market tends to be rational
In the market, reporters saw that there are indeed some “redwood†furniture that are being sold at a reduced price. Industry insiders told reporters that these price reduction “redwood†has two reasons. One is that some manufacturers intentionally raise the price and then discount it. Attracting people's attention is also a marketing tool for merchants. Price does not represent the actual price of an item, and price reduction is also a matter of course. There is also a kind of material that does not belong to the 33 kinds of mahogany specified in the national standard of mahogany wood. Nowadays, there are many businesses on the market that call some ordinary hardwoods also called mahogany. When mahogany prices rise, they also follow prices, and now People's understanding of rosewood, these so-called "redwood", can only deal with the price.
This may be because of this speculation of a rise, many businesses have reported to reporters, the recent rosewood furniture turnover has improved. However, compared with 2007, this volume increase phenomenon has a big difference. In 2007, the market’s recognition of mahogany was not very high. Many mahogany buyers also did not understand mahogany knowledge. Generally, it was how people bought it. As a result, there have been speculators pushing prices up, and there have been people blindly buying mahogany furniture, and prices have skyrocketed. After three years of accumulation, buyers in the Hongmu market have also undergone changes. The original is not how to understand, but now it is slowly understood that this type of buying and selling is much more sensible, and many people also buy mahogany furniture. Slowly tilt from investment to practicality.
Redwood is being "fried"?
For the rumors of the “plunge†of mahogany, many people in the industry are speculating that the sudden appearance of rumors is not just a catcher. There should be deeper reasons behind it. It is likely that some investors deliberately want to suppress prices, and then take the opportunity to lower prices. Inhaled to obtain profits.
The mahogany market has no shortage of capital. There are usually two types of speculators. One is people who have spare cash in their hands, to collect wood, and when the market price rises, the wood is taken out to make expensive furniture. Hype redwood concept. In the speculation of mahogany, these two types of speculators are indispensable, but also with a perfect match, from 2005 onwards, the rise of various parts of the country's mahogany exhibitions, exchanges and so on. These activities were carried out in conjunction with the “high price of mahoganyâ€. The high-priced mahogany furniture on display at the conference was once realized by the connoisseurs and consumers. The purpose of the speculators was realized.
However, speculation is also a great risk, crazy ignorance, no matter how much the price must be, so that the risk is relatively large, and now, with the stability of the mahogany market, speculators' speculation is still sensible. The industry hopes that the majority of ordinary Redwood collectors can rationally treat the redwood's hype, and they must use a sense of common sense to collect mahogany furniture. Do not blindly follow the trend and be opportunistic.