According to reports, the reporter visited the market and found that the rosewood market, which has plummeted for two years, has ushered in a skyrocketing market after the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora, and even the African pear, which was not valued before, has risen by 100%.
However, the soaring prices of raw materials have not been transmitted to the furniture market, but the price inversion of mahogany furniture and raw materials has intensified, and the entire industry has been miserable.
The average price of mahogany raw materials soared by about 50% within half a year
"Now, the vast majority of mahogany timber is included in the convention, the origin is banned from exporting, raw materials are becoming scarce in seconds, and the price is frightening. In addition to the sandalwood rosewood of the former genus Rosewood, the convention also includes rosewood hedgehog rosewood, as well as 16 species of rosewood under the genus Dalbergia.
This means that the vast majority of the wood currently used in the rosewood industry is regulated. For example: red sandalwood, yellow pear, red sour branch, Burmese pear and so on. "Within half a year, the average price soared by about 50%, the price of Myanmar pear small material increased by 65%, and even the raw material of African pear that was not valued before increased by 100%. Boss Chen, who has been making mahogany furniture for more than ten years, said that now his mind is full of figures on the price increase of mahogany.
For example, Laos' big red sour branch rose from 160,000 yuan per ton to 240,000 yuan, an increase of 50%; Myanmar pears rose from 15,000 yuan to 25,000 yuan per ton, an increase of 66.7%.
This is not the first time that the Convention on International Trade in Endangered Species of Wild Fauna and Flora has had an impact on the rosewood market, as early as 2013, this paper ban set off a fierce and booming rush to buy rosewood furniture. After a wave of violent rises in mid-2013, the mahogany furniture market once fell into a downturn, with unsalable products and plummeting prices.
The mahogany furniture market has shrunk, and merchants dare not raise prices
In the second half of last year, due to the implementation of the convention, the price of rosewood entered a soaring channel. But this time is different from the 2013 one. Many mahogany furniture bosses believe that this year's mahogany furniture market is very strange - the convention for mahogany raw materials a wider range, stricter measures of the ban, although ignited the fuse of the domestic mahogany material price skyrocket, but did not detonate the mahogany furniture market, mahogany furniture finished products and wood has appeared price inversion.
"At present, a lot of mahogany furniture on the market is sold at the price of the previous stage, and the price of mahogany furniture and materials is very serious. Deng Xuesong, chairman of the presidium of the traditional furniture professional committee of the China Furniture Association, said bluntly that on the one hand, the mahogany furniture market as a whole is cold, and the sales are not smooth, and the inventory is increasing;
On the other hand, the price of materials will rise, and the production and operating costs will increase sharply. Under the double pressure, the pressure of merchants to inventory is not small, and many mahogany furniture is subject to price competition in a situation of wrong killing and overfalling.
The mahogany furniture market has shrunk very much, the sales performance can not be raised, and the price of raw materials has risen wildly, but the furniture does not dare to raise prices slightly, and it feels that the scale of the entire industry is shrinking.
Some people in the mahogany merchants shouted to withdraw, and some people took advantage of the situation to stock up
Che Chang, secretary-general of the China Mahogany Committee, believes that the mahogany furniture market in the industry adjustment period is still in the stage of destocking, and the price inversion of furniture and raw materials will inevitably lead to a deep reshuffle in the industry. This kind of reshuffle has been obvious in the Xiamen market.
However, some people are busy evacuating, while others see business opportunities. Some mahogany furniture dealers are now taking the opportunity to stock up. In their view, this round of rosewood prices is due to the source of the bottom of the kettle cut off, the increasingly scarce available resources of rosewood materials is a grim fact, "in the long run, the timber included in trade controls is unlikely to fall, the future appreciation space can not be underestimated."