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Is there a lot of room for agarwood appreciation? How long can agarwood be hot?

author:Xinzhou Net

In the past two years, affected by the general environment, the investment and collection market has been in a downturn, and the prices of many artworks have declined, but the collection level of agarwood has risen steadily. At a time when traditional collections are in decline, why is agarwood bucking the trend?

Is there a lot of room for agarwood appreciation? How long can agarwood be hot?

Is the skyrocketing price of agarwood hype?

Now when it comes to price increases, the first thing that comes to people's minds is speculation, and there are really a lot of categories of leeks that have been fried by the capital market, but the in-depth analysis of agarwood is fundamentally different from them.

The price of agarwood has a deep historical and cultural support, from hundreds of years ago, agarwood is a precious incense material as a tribute, and its value comes from the precipitation after the test of time. In ancient times, both the royal family and nobles and literati and writers all respected agarwood, which is not only a fragrant material, but also a living cultural symbol.

The formation of each piece of natural agarwood takes dozens or hundreds of years, and after such a long time of mining, wild agarwood resources are becoming increasingly scarce, Sun Yuhui, who has been doing agarwood business for more than ten years, has deep feelings about this, "Now it is more and more difficult to receive a good material, and the price of wild agarwood on the market has been rising, and many agarwood collectors are in a state of wait-and-see." ”

How long can the heat of agarwood last?

This question is a lot of incense friends are very concerned, especially now that artificial agarwood is popular, can agarwood maintain the current upward trend?

Is there a lot of room for agarwood appreciation? How long can agarwood be hot?

If we have an in-depth understanding of the category of artificial agarwood, we will know that there is no comparison between artificial materials and wild materials.

Wild agarwood is the result of the reaction with complex bacteria in the surrounding environment after the oil is produced, and in general, the longer the time, the more mellow and rich the flavor of the agarwood. The incense of artificial agarwood is nothing more than ten years, the mellowing time is seriously insufficient, and the aroma is much lighter than that of wild materials, not to mention the participation of various chemicals, which makes people doubt the safety of this incense.

Therefore, although the yield of artificial agarwood is high, it is difficult to have an impact on the wild agarwood market because of the limitation of quality. At present, the agarwood recognized in the collection circle and the fragrance tasting circle are all wild materials that refer to natural incense.

"In recent years, I obviously feel that I have more friends around me who buy raw materials. "Mr. Zhang of Shenzhen has played agarwood for 7 years, at first he and his friends were mainly agarwood bracelets, and the unexpected discovery of the bracelet price rose so that he and his friends began to test the water agarwood collection, "I bought the Qi Nan bracelet in 3 years The market price has risen by more than 10,000 yuan, I want to buy a few pieces of good material to store." Mr. Zhang also admitted that he did not dare to invest too much, and now he still buys agarwood for his own use, but the market is still relatively optimistic.

In this regard, Sun Yuhui, the founder of incense supreme agarwood, also said that agarwood does have a tendency to shift from pure spices to investment in the market, but because the market is mixed, counterfeiting and beautification are not uncommon, and it is not recommended for novices to test the water agarwood investment.

Is there a lot of room for agarwood appreciation? How long can agarwood be hot?

The question of "is there a lot of room for appreciation of agarwood?" still needs to be tested by the market, but the use value and collection value of agarwood itself are undoubted, and if you are also interested in incense, agarwood will not disappoint you.

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