Whether high-end mahogany furniture or hot money speculation is difficult to raise prices

In recent days, the furniture of mahogany trees that have been subject to import and export control has been raised. Although the prices of other mahogany tree furniture have not risen significantly, mahogany merchants believe that there will be a general increase in raw materials and finished products in the second half of the year. Local rosewood producers and raw material suppliers have begun to seize the supply and hoard mahogany raw materials.

The number of redwoods listed on the endangered list has increased to seven

The Convention on International Trade in Endangered Species of Wild Fauna and Flora is also known as the CITES Convention. The species in the appendix must have an import and export permit for international trade. In March of this year, the 16th Conference of the States Parties announced a revised list of new amendments, which was officially implemented in June. In addition to retaining the original sandalwood rosewood (lobi rosewood) in the appendix, it also adds Sian rosewood and Central American Dalbergia, Dipod Dalbergia, Belize Dalbergia and Lushi Black Dalbergia, etc., which will be restricted in the future. transaction.

Cao Yimin, secretary general of the Dongyang City Redwood Furniture Industry Association, said that mainly because of the disorderly excessive harvesting methods of some raw materials, the current high-end mahogany is becoming less and less. “A rosewood grows at least one or two hundred years, and now some raw materials are Private interests, regardless of the size of the trees, will inevitably destroy the growth balance of the entire tree species resources. Currently, the main countries of origin of these redwood species, Thailand, Cambodia and some Central American countries, propose protection, and their export control is becoming more stringent.

These redwood species are the main raw materials for medium and high-end mahogany furniture, especially for Sian rosewood.

“Dalbergia, Dalbergia, Dalbergia and L. rosewood are the common raw materials for mahogany furniture. Central American Dalbergia and Belize Dalbergia are relatively rare in the Zhejiang market.” Redwood Furniture Dealers in the Oriental Furniture Market阮Ms. said that Sian rosewood is the most popular among consumers and belongs to medium and high-end mahogany furniture.

Redwood raw materials began to grab goods

After the announcement of the CITES appendix in March this year, the mahogany raw material suppliers began to rush to the country. “When listed on the endangered list, it means that the import and export of timber will be very restricted.” Cao Yimin said that from the feedback of many mahogany furniture manufacturers, the price of raw materials for rosewood has generally increased by 20% to 30%.

With the rise in raw material prices, the mahogany furniture market has also begun to fluctuate. “Year Red” adjusted the price of Sian rosewood products by 15% at the end of last month; “Youlian Redwood” said that there are still a large number of stocks, and given the market reaction, there will be no price adjustment, but there will be changes in the second half.

Cao Yimin analyzed that it is not the first time that redwood species have been classified as rare resources for protection. Previously, sandalwood rosewood was listed as a precedent for the CITES appendix. Due to limited transactions and a serious shortage of supply, the price of one ton of sandalwood rosewood has risen from more than 200,000 yuan eight years ago to a maximum of 3 million yuan. The price of sandalwood rosewood furniture has naturally risen.

"At present, the price of Dalbergia rosewood has increased by 30% compared with the end of last year, and the increase of Dwarf Dalbergia is also 15%-30%. Especially the Sian rosewood, the purchase price has been rising." Mr. Yuan, the investment investor of Redwood, said Good redwood raw materials need to grow for hundreds of years, and have a certain collection value. The market may be filled with subscription sentiment, and it is impossible to rule out the suspicion that there will be hot money entering the market.

Cao Yimin said that after the restrictions on the export of various redwoods, the supply of redwoods is bound to decrease, while the red iron beans and red sandalwood, the saber and the Brazilian rosewood, the windmill wood and the ebony are very similar. Consumers should be vigilant and beware of bad business shoddy. When consumers purchase mahogany furniture, it is best to ask the merchant to mark the scientific name (ie, Dalbergia, Dalbergia, etc.), or write the scientific name of the wood on the purchase contract as the basis for rights protection.

Ups and downs

“In the past six months, the sales of mahogany furniture have not been ideal. The first is that the economic environment is not booming. Secondly, the current policy of thrift has further restricted this kind of “high-profile consumption.” Han Jing said frankly that the slow sales of mahogany furniture made some small and medium-sized Dealers are afraid to start the price increase easily.

“In the past two days, I have just adjusted the price of some high-end mahogany furniture in the store, and the increase is about 5%.” Liu Lei, another distributor of mahogany furniture in Dalian, said that at present, some high-end mahogany furniture stores in Dalian have raised their prices. The price, some merchants even raised the price by about 30%.

“Small and medium-sized businesses often don’t dare to raise prices in one step, but try to market and gradually adjust prices. After all, for them, there is sales to maintain business. Once the price is raised, the original sales are stagnant, which is undoubtedly” Look for death in advance." Industry insiders said that for many mahogany furniture dealers, this price increase driven by the industry's most upstream, makes them dilemma.

Upstream push is difficult to reverse

The hesitation of some small and medium-sized businesses did not inhibit the “collective impulse” of the Dalian mahogany furniture industry. "After the new revised Convention on International Trade in Endangered Species of Wild Fauna and Flora came into effect, the price of Dalian mahogany furniture has generally increased by about 20%." Zou Benzhu, director of the Dalian Redwood Furniture Standardization Technical Committee, said that the mahogany furniture market in Dalian has been "smelling" ", the price increase has quietly started.

"Now, the ex-factory price of mahogany furniture that we processed and produced with Sian Dalbergia has been raised by 20%~25%. For our processing manufacturers, this is also a helpless move." Dalian and Musheng Wood Industry Co., Ltd. Dong Jihu, general manager of the company, said that the mahogany raw materials used by the company were mainly purchased from Shanghai and Fujian. Now, they have received the price increase notice from the upstream raw material suppliers, and the range is very large: the quality of the slightly improved Sian rosewood rosewood About 30%; the highest increase even reached 50%.

“We import mahogany raw materials directly from India, Myanmar, Laos and South American countries. In the future, the import restrictions on related mahogany will be stricter. It is hard to say whether they can come in. In fact, the prices of these mahogany raw materials have risen sharply this year. For example, the rosewood imported from Laos, ordinary raw materials last year, 70,000 yuan per ton, this year has risen to 90,000 yuan; good quality Laos rosewood, last year more than 300,000 yuan per ton, has now risen to 40 About 10,000 yuan.” Zhang Yong, the head of another mahogany processing plant in Dalian, said that no matter how hesitant and “difficult” the terminal dealers, the price increase of mahogany raw materials is bound to push the price of mahogany furniture.

Dalian rosewood price twists and turns all the way up

"This will be the biggest price increase for Dalian mahogany furniture in the last 10 years." Dong Jihu said that the price increase driven by the upstream industry will have a major impact on the Dalian market, and sales in the Dalian market will decline in the short term.

"In 2007, there was a price spike in mahogany and mahogany furniture, and a lot of "the myth of the sky" was played. In 2008, under the influence of the financial crisis, the market of redwood plummeted and many investors and operators were stuck. "Redwood Advertisements for furniture vomiting blood and smuggling have been seen in markets; in 2010, the market for redwoods rose again, but in 2012, there have been twists and turns again..." Insiders said that in the mahogany and its products such as roller coaster-like market changes, a lot of wealth has been achieved. Myths, but also a lot of investors.

“Dalian mahogany furniture market has experienced many twists and turns, but the overall performance is still rising all the way. For example, mahogany furniture made of Sian rosewood as a raw material has increased more than five times in 10 years.” Zou Benzhu said that this time, some redwood species Strict restrictions on international trade will fundamentally push up the price of mahogany furniture, because the source of raw materials has been “broken”. In the future, mahogany furniture in the domestic market may not only be a price increase, but will also become a scarce supply. Even one day, buying mahogany furniture will The form of the auction is completed.

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