Mahogany furniture doubles in value for 3 years, furniture store to create mahogany club
"We found that many guests have recently visited mahogany furniture, and this market will soon heat up." Crazy mahogany has not stopped the pace of price increases. In the context of property market restrictions and stock market downturn, many investors have turned their eyes. Putting on the mahogany furniture with value-added and value-adding functions, the major home stores have also begun to line up to build a mahogany clubhouse, while the Laohong mahogany, which was previously only sold at the Kunming Fair, has begun to rush to Kunming.
Redwood raw materials rose 100% a year
A redwood fan in Kunming bought a set of Laos red rosewood court ring chair at the Kunming Fair for 3 years ago. Now he has gained 200% in the second-hand market, and the current market price of the same grade ring chair Has reached more than 20,000 yuan.
“Redwood raw materials are rising almost every month, and now it has doubled compared with last year’s price.†Li Xinyi, head of Laojie Chengjie Wood in Gangdu South District Store, said that the current 12cm diameter Laos red rosewood It is about 30,000 yuan to 50,000 yuan / ton, the diameter of 20cm is about 100,000 yuan to 120,000 yuan / ton, and the diameter of 25cm is about 200,000 yuan / ton. "Now it has doubled since last year. The rosewood market has a historically high point before the adjustment. However, there is still a lot of room for appreciation of rosewood, and the current raw material price is only around 20,000 yuan/ton."
A large rosewood seller in the province believes that the current price increase of mahogany is still relatively rational and will not plummet. "The time for mahogany is very long and the resources are scarce. Now Southeast Asian countries in the mahogany producing areas are strictly controlling timber exports, and the market is tight. The price will only be higher."
Furniture City competes for the mahogany market
“We are adjusting our business ideas and are preparing to build the 4th floor of the Furniture City into a mahogany clubhouse, while another store has also built a 6,000-square-meter mahogany furniture hall.†Mr. Ma, head of the Gangdu Furniture South District store, said that mahogany furniture recently The momentum is very good, and attracts high-end consumers. The mall is preparing to expand the scale of mahogany furniture. In the future, the mahogany club is mainly engaged in the distribution of mahogany furniture, the promotion of mahogany culture, and the planning of the mahogany exhibition. Coincidentally, the recently opened Kunming Red Star Macalline also arranged high-end mahogany market with Ziguangge Redwood Supreme Hall.
According to Li Xinyi, since the import of mahogany raw materials is now greatly restricted, it is now directly imported from the factory in Laos. “In the past, the goods in the Lao factory were mainly issued to Taiwan, and now the mainland has become a major market, and we are also participating. After more than 10 years of the Kunming Fair, I decided to set up a direct store in Kunming."
However, compared with Beijing, Shanghai and Guangzhou, the redwood realization channel in Kunming needs to be improved. An industry insider said that the redwoods in Kunming are now mainly concentrated in the circle, and there is no formal rosewood auction. The reporter learned that there are already Kunming merchants recycling mahogany furniture at an annual rate of 5% to 12%.
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