Redwood furniture market tends to be rational

"In another three to five years, the raw materials of red rosewood will be scarce, which is likely to increase the price of furniture using red rosewood as a raw material by more than 10 times." Manager Guo of the Redwood National Pavilion at Baishizhen in Hohhot told reporters.

After the reshuffle of the 2008 financial turmoil, this year's mahogany furniture market has become more rational.

"It is difficult to buy red rosewood at the right price now." Manager Guo sighed. According to him, the growth cycle of red rosewood is more than 500 years, and the production areas are mainly concentrated in Laos, Cambodia and Vietnam. Twenty or thirty years ago, Vietnam ’s red rosewood was cut down, and only half of Laos ’land produced red rosewood. The scarcity of raw materials directly led to the rapid rise in furniture prices. In April this year alone, the price of red rosewood furniture increased by 50% from the trough price in 2008.

The price of rosewood rosewood was also increased. In 2008, the price of first-class rosewood rosewood was about 200,000 yuan per ton. Now the price of the same material has risen to 450,000 yuan per ton. Industry insiders predict that the current stock of red rosewood on the market will probably support the market for 3 to 5 years. The scarcity and price of red rosewood will be no less than today's Hainan "Huanghua pear".

According to reports, after May 1st, the number of mahogany furniture orders of the Bestwood Mahogany Pavilion doubled compared with the same period last year. Previously, most of the orders came from collectors, but this year's orders are more from ordinary citizens and enthusiasts.

Compared with collectors, mahogany furniture lovers pay more attention to the practicality of mahogany furniture. Most of them choose the best wood themselves, and then choose the style according to the housing pattern. The mahogany furniture is changing from the role of home decoration to the role of necessities.

The mahogany furniture collection fever has also allowed unscrupulous merchants to take advantage of this. In addition to counterfeiting methods such as skinning and painting, some people use similar wood as mahogany.

Manager Guo told reporters that in terms of the red rosewood wood, the quality of wood produced in Myanmar is not as good as that produced in Laos, but at first glance it is very similar, making it difficult for first-time consumers to discern; their prices vary widely, one ton is medium The price of Myanmar red rosewood for materials is only 20,000 yuan, while Laos red rosewood of the same material costs 40,000 yuan per ton. Beginner consumers are better off comparing the three and consulting with experts; purchase materials after determining the materials according to the mahogany standards set by the state.

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