Redwood prices plummet: furniture finished products fell more than raw materials

In June 2013, the Convention on International Trade in Endangered Species of Wild Fauna and Flora came into effect, and the import and export of seven species of redwood species were restricted. Sian rosewood, Central American Dalbergia, Dwarf Dalbergia, Belize Dalbergia, Lushi Black Dalbergia Wood, which was originally classified as a third-class endangered species, was upgraded to a second-class endangered species at a time, worth a hundred times, and the price rose by 50% in just two months. In 2013, it was also known as the big year of the mahogany business. The price of mahogany raw materials climbed all the way in the international market, and the price of mahogany furniture also rose.

Since June 2014, the price of rosewood has declined to some extent, but industry insiders believe that although the rosewood market has entered an adjustment period, the trend of “big rise and small return” and “two advances and one exit” has been over the past decade. It was confirmed. Redwood raw material resources are scarce, market control is strict, and the market demand for redwood is getting bigger and bigger, the price of raw materials is rising, and the price of finished mahogany furniture is also rising. Coupled with the obvious inflation in recent years, the price trend of mahogany furniture It must be a big rise and a small return. By now, in 2015, the "crash" has begun to appear.

Raw material prices fell by two to 30%

It is understood that from the beginning of last year to now, the price of rosewood furniture has indeed fallen, the price of raw materials has changed relatively little, but it has generally fallen by 20%-30%. Among them, the price reduction of Burmese rosewood is relatively large, generally falling by about 50%. When the price peaked before, it went to 30,000 yuan/ton. Now, 10,000 yuan/ton can buy good wood.

The price changes in the raw material market are directly reflected in the raw materials, but the furniture is different. The price of the furniture is not only affected by the price changes of raw materials , but also closely related to the process and product positioning, and is affected by the macroeconomic environment. The industry believes that the price of this wave of mahogany furniture is lower, mainly due to the bad macroeconomic environment. “Consumers have bought and won’t buy, and when the price of raw materials has fallen, they have not bought it.” Experts said that because raw materials prices have fallen, consumers are worried that the takeover will be unfavorable, so they will enter the wait-and-see state. There is no way to survive, and some have no way to cut prices, and the chain reaction has caused the entire industry to cut prices. The Insiders also revealed that, in recent years, rapid expansion of home mahogany furniture factory, also many hastily launched into the line, once on consumption greatly reduced funding strand breaks, close of business news reports.

However, it is understood that the current price plunges mainly in the middle and low-end goods, the price of the products in the real collection level is still high, it can be said that it is very strong.

Adulteration

According to industry insiders, from the current Guangzhou market, the expansion of mahogany furniture in major home stores has increased in recent years. For many mahogany brands based on integrity and long-term management, the problem that plagues the industry is not sales, but increasingly scarce raw materials and adulterated fraud.

For example, the national standard stipulates that when producing mahogany furniture, it is allowed to use a small amount of "white edge" that does not affect the overall structure and appearance. However, some businesses do not go to the white side, all used in the production of mahogany furniture; some also incorporate other cheap wood in the mahogany, only do some processing on the surface, so that the layman is also difficult to distinguish. In the production process, the national standard requires that the wood joints should all adopt the enamel structure, but some merchants will use nails to fix or glue them at the wood interface.

The most common thing is to mix the beads and confuse the concept at the time of sale. For example, the Burmese rosewood and Laos pears are lie as Vietnamese huanghuali, and these are all called pears, but the origin is different; or the red sandalwood, green sandalwood, black sandalwood, etc. The name of the national standard mahogany on the hardwood raft belonging to the national standard mahogany. In response to this chaos, the Redwood and Redwood Products Testing Center of the Chinese Redwood Committee has just been officially unveiled. However, it is understood that there are not many institutions that can provide testing services in the domestic rosewood industry. At present, only the Chinese Academy of Forestry, Nanjing Forestry University and other scientific research institutions as well as the National Furniture and Indoor Environmental Quality Supervision and Inspection Center Tree Species Identification Laboratory There is a distance from the market demand.

Smart eye

1. Redwood fans should learn more about mahogany furniture and art collection, such as the identification of wood, the identification of styling and crafts, the judgment of artistic value, etc., and constantly improve the artistic position, professional level and eyesight.

2. Investing in mahogany should take the boutique route and choose the collection-level mahogany furniture with good shape, structure, crafts and materials, which will have a broad appreciation space.

3. The current mahogany market is still very non-standard, with fewer defective products and fewer fine products. The situation of falsification is also very serious. The purchase of mahogany furniture should choose honest, professional and standardized brand manufacturers. Direct purchase with manufacturers is not only more affordable, but more importantly, it can personally inspect the production process of mahogany furniture, and it is more secure in terms of product quality and after-sales service.

4. According to the "new national standard" of the mahogany, identify "one card, one card, one card", that is, product certificate, product instruction manual and product quality express card. Look at the brand, manufacturer, etc. of the product, it is easier to investigate when there is a problem.