Full inventory of fried homes, mahogany furniture prices fell 30%

The price of mahogany furniture fell

Mahogany furniture is the most important representative of traditional Chinese furniture. The materials mainly include rosewood, ebony, rosewood and chicken wing wood. The growth rate of redwood is slow, the raw materials are few, the price has been high, and it is hundreds of thousands of yuan, even as high as one million yuan. However, since the second half of last year, the price of mahogany furniture has begun to fall, with a drop of 20~30%.

The reporter came to a mahogany furniture store on Jinkai Avenue yesterday. The whole store was relatively deserted and there were almost no guests. The reporter saw at the scene that a red rosewood Arhat bed, the original price of 166,000, is now discounted at 128,000, a drop of more than 22%. The shopping guide told reporters that if you want to be sincere, you can get around 110,000.

The shopping guide, Miss He, said that since the end of last year, the price of mahogany furniture has fluctuated and went down all the way. "One is that the price of raw materials has fallen. For example, the price of Siamese rosewood raw materials of 15~30cm×2cm is now 135,000/ton, and the price of raw materials of this type of Siamese rosewood is about 170,000.

Demand reduction, price drop

According to the reporter's understanding, since the second half of last year, the demand for mahogany furniture has suddenly dropped from the peak to the bottom, and many people have begun to wait and see. "The furniture and real estate market are closely linked. Another reason is that there is less gift for buying mahogany furniture." Miss He, the shopping guide, said helplessly.

The big environment is not good, so some speculators are also eager to cash out. The inventory of mahogany manufacturers is relatively sufficient, so it is unlikely that the price of rosewood will rebound in the short term.

From the national redwood products market sentiment index released by the Chinese Redwood Committee, the index has been falling all the way since May 2014. Although there was a slight correction in September and December, the index for January 2015 was 82.5, down 0.9 from the previous month. percentage point. In January of this year, the prices of mainstream mahogany products in the market such as Daguo rosewood (Burma rosewood) and Sian rosewood (Dianhong rosewood) decreased by about 20%.

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