"After a few days, a set of mahogany furniture has risen by 20,000 yuan, which is really faster than the rocket!" Yesterday, a citizen who wanted to buy mahogany furniture said. In June this year, the Convention on International Trade in Endangered Species of Wild Fauna and Flora came into effect, and the raw materials of mahogany furniture became scarce commodities, and prices also rose. Many furniture manufacturers have reported that the market price of mahogany furniture has doubled in the past six months, and reselling timber is more profitable than selling furniture.
Market status: a set of mahogany furniture rose by 20,000 in a few days
"I saw a set of five sets of mahogany sofas a few days ago. At that time, the price was more than 50,000. Who knows that today, it has risen to more than 70,000." Mr. Wang did not buy the desired mahogany furniture early. regret.
Yesterday, the reporter visited a large furniture store and found that many citizens are in a dilemma. Ms. Tang said: "I am worried that I will raise the price again and I want to buy it earlier, but I am afraid that if the price falls back, will it be lost?"
A number of mahogany furniture clerk confirmed to reporters that the number of people who bought mahogany furniture increased suddenly last month, but because the price has gone so far, the public's buying popularity has retreated this month, and the usual sales situation has been restored. Many citizens want to wait and see.
According to industry insiders, in the past six months, the price of the mahogany furniture market has been rising, and some rare redwood species such as Sian rosewood have more than doubled.
“Since June, the price of mahogany furniture has been rising all the time, and there is no law at all.†Wang Yang, general manager of the Red Yangzhou area, said, “Sometimes I receive a phone call from a manufacturer, and the price of the purchase is higher than the original price. I sold a set of furniture for 200,000 last month, but this month, I used 200,000 but I could not get the same goods. Therefore, we have to increase the price accordingly."
Reasons for price increases: scarcity of raw materials in the new international trade convention
It is understood that from June 12 this year, the new Convention on International Trade in Endangered Species of Wild Fauna and Flora (also known as the CITES Convention) will enter into force. The Convention clearly states that among the Chinese mahogany industry materials, Sian rosewood, Central American Dalbergia, Dwarf Dalbergia, Belize Dalbergia, Lushi Black Dalbergia, Sandalwood Rosewood and Brazilian Black Dalbergia, a total of 7 important Redwood species enter the first and second grade protected plant catalogues.
This means that these species must have import and export licenses or re-export certificates in order to conduct international trade. Under the new convention, the country of origin of mahogany materials has banned mahogany deforestation and controlled export trade. Since May, Vietnam has taken the lead in raising taxes on rosewood raw materials exports by 200%. In mid-October, Vietnam and Laos customs declaration companies informed the Chinese partners that all the Sian Dalbergia ordered in these two countries must be cleared before October 25, and will be strictly prohibited in the future. As one of the major countries in the export of redwood, Myanmar also plans to stop the export of logs from April 1, 2014.
"The mahogany forests that can be cut down by four countries in Southeast Asia have been reduced by 80%. In Myanmar, as long as the redwoods are pulled out, everyone will be snapped up, no matter what the price." Wang Yang told reporters that Yangzhou has now sold wood. More frantic than making furniture to make money.
Insiders: Redwood furniture is difficult to realize, investment needs to be cautious
“Although the price of mahogany furniture has been rising, it still lags behind the rising rate of wood. For example, the price of wood has risen four or five times this year, and the price of furniture has doubled. The price of furniture in the mahogany market has risen. Will continue to rise, next April, Myanmar will stop the rosewood exports, will usher in a larger increase." Industry insiders suggest that if there is a hard need to buy mahogany furniture, you can start as soon as possible.
The industry believes that the mahogany furniture with collectible value is expensive and needs regular maintenance. "If the citizens themselves are not professionally selling mahogany furniture, it is more difficult to buy them after they buy them home. The public should invest carefully according to their own needs."
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