From Hainan huanghuali to lobular rosewood, to red rosewood, the depletion of redwood resources is faster than our imagination. Due to its valuable materials, quaint styling, and artistic, practical, and investment-collecting features, mahogany furniture has always been sought after by Chinese people and is known as “cultural furniture†and “art furnitureâ€.
In the late 1980s, Hainan Huanghua pear was only worth a dollar or two a catty; from 2003 onwards, with the help of the “Golden Decade†of classical Chinese furniture, and the disappearance of sea yellow raw materials, the average monthly price of the yellow rose rose by nearly 30%. .
We had a hard-nosed and priceless market sentiment for Huang Huali, and we were excited about it. The new worries have come again. What is the current stock of raw materials, red rosewood in classical furniture, and how much stock can we use?
After the rise of the contemporary antique furniture industry, with the sharp decrease in the resources of yellow pears and red sandalwood, red rosewood has once again become an alternative material to both. Only medium-sized manufacturers have a daily consumption of about 4 tons. The entire industry The consumption of red rosewood is amazing.
With the advancing of the times, the species of mahogany raw materials are becoming scarce. The international community has also tightened its control over the trade of redwood species.
The implementation of the "CITES Convention", Vietnam rosewood exports from May 27 raise taxes by 200%, Laos Souvenir rosewood from the original Customs approved taxation price of 3,900 US dollars to 15,000 US dollars.
Domestic redwood raw materials also skyrocketed by 15% in two months. Compared with a year ago, the increase was generally more than 30%, and the highest was 50%. The shortage of raw materials also caused the recent price increase of mahogany furniture by 10% to 20%.
If we predict the future price trend of mahogany furniture, most people in the industry and investors are also afraid of the same opinion. They all think that mahogany furniture will only become “more expensive†and “more and more redâ€.
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