In the first half of this year, we have reported that the price of mahogany skyrocketed. In a recent interview with reporters in Guangxi, it was discovered that the price of mahogany has fallen into a plunge after a surge in prices.
Guangxi Dongxing is a nationally renowned redwood trading center. Every day there are merchants from all over the country to come here to wholesale mahogany, but the price of mahogany furniture has dropped significantly in recent time. Many businesses told reporters that the price cut is the most obvious is the rosewood, the original set of rosewood sofa can sell 150,000 yuan, now sells up to 130,000 yuan, not only in Dongxing, in Guangzhou, Dongyang and Beijing's many markets, the price of mahogany furniture has a callback.
Huang Zhiquan, chairman of Guangxi Dongxing Yongfeng mahogany furniture, told reporters: Suanzhi wood has dropped a little, probably the price dropped by 15% to 20%.
Li Dongming, chairman of Baiye Dongxing Furniture City, told reporters: If there are some markets and stores in other provinces, the adjustment will be relatively large, and some may be reduced by 30% to 40%.
The price of mahogany furniture has fallen, but the number of people who buy has not risen. The reporter visited the Redwood market in a circle and found that many people came here to watch furniture, but few people actually bought it. Many businesses also frankly stated that recent transactions have dropped by 30-40% compared to the first half of the year, and some sales have even stagnated.
Chen Xifeng, general manager of Dongxing Yongfeng mahogany furniture, told reporters: The stocks are falling, and many other businesses are shrinking. He does not have that leisure or the spare money to buy this mahogany furniture, so the purchasing power is not as strong as in the first half.
Industry insiders told reporters that since October of last year, the sales season of mahogany furniture has been hot. In addition to the cost reasons, the mahogany furniture market has been affected by the divestment of speculators to a great extent.
Li Dongming, Chairman of Xingxing Furniture City, told reporters: In Vietnam, Thailand, Laos, this country also has a large amount of hot money in our country. However, in the second half of the year due to lack of funds and other reasons, there are many funds for these investments.
The price of mahogany furniture fell, so what is the price of mahogany raw materials? As a scarce raw material for wood, prices of redwood have skyrocketed since 2007 and remained high, reaching a peak in 2010. In the year of 2010, the price of mahogany raw materials rose by 50% to 60%, and many high-grade raw materials increased by more than 100%. However, since the second half of this year, the cooling of the mahogany furniture market has made the value of mahogany raw materials fall. Some merchants even started to dump their goods.
Li Dongming, who runs mahogany furniture, told reporters that after entering December, mahogany raw materials began to scale down. Compared with October, Laos rose from 200,000 yuan/ton to 150 thousand yuan/ton, while the overall price of mahogany raw materials fell. Also reached 15% -20%.
Li Dongming, chairman of Baiye Dongxing Furniture City, told the reporter: A red rosewood rosewood is more common, about 40% - 50% of such a decline, other high-grade logs like Vietnam's Huanghua pear and Hainan Huanghua pear, these The transaction price is basically not much changed.
Chen Xifeng, general manager of Dongxing Yongfeng mahogany furniture, told reporters: In the first half of the year, red rosewood soared. It suddenly jumped from tens of thousands of dollars to more than 100,000, and it should be stopped. There are other reasons, that is, our price in China. In the upswing, there are still stocks that are falling.
The reporter learned that at present, about 80% to 90% of the businesses that make mahogany raw materials business have **, ranging from RMB 35 million to RMB 10 million, and many are more than RMB 10 million. Many of them rely on private lending. Right now in December, the year is approaching. Some small businesses with large amounts of money and little cash flow can no longer hold back, and can only choose to sell at a reduced price.
Huang Zhiquan, chairman of Dongxing Yongfeng mahogany furniture, told reporters: “They feel that there is a little supply that can't get through, and seize the time to throw out that supply.
In the financial crisis of 2008, the slump in mahogany raw materials had caused many small companies to bankrupt. So in the face of the current market situation, small businesses in Redwood have chosen to ship earlier. Small businesses can't stand it any longer. Can large companies and businesses that have accumulated large amounts of wood still sit still? Continue to look at the survey.
At a large-scale redwood processing plant in Dongxing City, the reporter saw that a large amount of logs were piled up in the courtyard of the factory area. The owner, Ren Guicheng, told reporters that most of these logs were imported at prices higher before the first half of this year.
Ren Guicheng, executive director of Dongxing Jianghai Redwood Craft Co., Ltd., told reporters: There may be 3,400 tons. 004 556 As some materials are encountered, they cannot be found. We will first bring it back.
The boss told reporters that there are about 6 or 7 tons of logs stored in the entire plant area, mostly rosewood and rosewood. Now that the price has fallen, he has stopped buying, but he will not easily ship. In the nearby factory area, the reporter met another large distributor in Dongxing. He told reporters that he had many stocks in his hands and was not in a hurry to sell them.
Log dealer told reporters: I am not anxious, because it may rise next year. It may rise next year and it will rise considerably. I estimate it will reach 20,000 or more.
The boss told reporters that now more powerful big companies and businesses are holding their teeth, before the backlog of wood is generally not sold at a price, because the price of mahogany once again soared after the downturn in the 2008 financial crisis, many people still Looks optimistic about the next year's mahogany market, and small businesses are eager to sell different. Some big investors are still preparing to take the risk and take the opportunity to take a dip.
Fujian merchants told reporters: Now we come to think that now the price will be a little lower, and we will go back a bit and go back. Three months ago, it was like 20 centimeters. It was 100,000 pieces. It has dropped to 80,000 now. However, it will still rise, as in 2008, but also lost all of a sudden, and later it rose quite a lot.
Huang Zhiquan, chairman of Dongxing Yongfeng mahogany furniture, told reporters: Many companies are also optimistic about the timing, and there are still a large number of goods in Vietnam, a large number of orders, a large number of acquisitions like this.
News headlines: Redwood raw materials plummeted and sold out in the past. Crazy is not in this article Source: China Collection Network http://news. Mycollect. Net/infos/201112/180523. Html
Guangxi Dongxing is a nationally renowned redwood trading center. Every day there are merchants from all over the country to come here to wholesale mahogany, but the price of mahogany furniture has dropped significantly in recent time. Many businesses told reporters that the price cut is the most obvious is the rosewood, the original set of rosewood sofa can sell 150,000 yuan, now sells up to 130,000 yuan, not only in Dongxing, in Guangzhou, Dongyang and Beijing's many markets, the price of mahogany furniture has a callback.
Huang Zhiquan, chairman of Guangxi Dongxing Yongfeng mahogany furniture, told reporters: Suanzhi wood has dropped a little, probably the price dropped by 15% to 20%.
Li Dongming, chairman of Baiye Dongxing Furniture City, told reporters: If there are some markets and stores in other provinces, the adjustment will be relatively large, and some may be reduced by 30% to 40%.
The price of mahogany furniture has fallen, but the number of people who buy has not risen. The reporter visited the Redwood market in a circle and found that many people came here to watch furniture, but few people actually bought it. Many businesses also frankly stated that recent transactions have dropped by 30-40% compared to the first half of the year, and some sales have even stagnated.
Chen Xifeng, general manager of Dongxing Yongfeng mahogany furniture, told reporters: The stocks are falling, and many other businesses are shrinking. He does not have that leisure or the spare money to buy this mahogany furniture, so the purchasing power is not as strong as in the first half.
Industry insiders told reporters that since October of last year, the sales season of mahogany furniture has been hot. In addition to the cost reasons, the mahogany furniture market has been affected by the divestment of speculators to a great extent.
Li Dongming, Chairman of Xingxing Furniture City, told reporters: In Vietnam, Thailand, Laos, this country also has a large amount of hot money in our country. However, in the second half of the year due to lack of funds and other reasons, there are many funds for these investments.
The price of mahogany furniture fell, so what is the price of mahogany raw materials? As a scarce raw material for wood, prices of redwood have skyrocketed since 2007 and remained high, reaching a peak in 2010. In the year of 2010, the price of mahogany raw materials rose by 50% to 60%, and many high-grade raw materials increased by more than 100%. However, since the second half of this year, the cooling of the mahogany furniture market has made the value of mahogany raw materials fall. Some merchants even started to dump their goods.
Li Dongming, who runs mahogany furniture, told reporters that after entering December, mahogany raw materials began to scale down. Compared with October, Laos rose from 200,000 yuan/ton to 150 thousand yuan/ton, while the overall price of mahogany raw materials fell. Also reached 15% -20%.
Li Dongming, chairman of Baiye Dongxing Furniture City, told the reporter: A red rosewood rosewood is more common, about 40% - 50% of such a decline, other high-grade logs like Vietnam's Huanghua pear and Hainan Huanghua pear, these The transaction price is basically not much changed.
Chen Xifeng, general manager of Dongxing Yongfeng mahogany furniture, told reporters: In the first half of the year, red rosewood soared. It suddenly jumped from tens of thousands of dollars to more than 100,000, and it should be stopped. There are other reasons, that is, our price in China. In the upswing, there are still stocks that are falling.
The reporter learned that at present, about 80% to 90% of the businesses that make mahogany raw materials business have **, ranging from RMB 35 million to RMB 10 million, and many are more than RMB 10 million. Many of them rely on private lending. Right now in December, the year is approaching. Some small businesses with large amounts of money and little cash flow can no longer hold back, and can only choose to sell at a reduced price.
Huang Zhiquan, chairman of Dongxing Yongfeng mahogany furniture, told reporters: “They feel that there is a little supply that can't get through, and seize the time to throw out that supply.
In the financial crisis of 2008, the slump in mahogany raw materials had caused many small companies to bankrupt. So in the face of the current market situation, small businesses in Redwood have chosen to ship earlier. Small businesses can't stand it any longer. Can large companies and businesses that have accumulated large amounts of wood still sit still? Continue to look at the survey.
At a large-scale redwood processing plant in Dongxing City, the reporter saw that a large amount of logs were piled up in the courtyard of the factory area. The owner, Ren Guicheng, told reporters that most of these logs were imported at prices higher before the first half of this year.
Ren Guicheng, executive director of Dongxing Jianghai Redwood Craft Co., Ltd., told reporters: There may be 3,400 tons. 004 556 As some materials are encountered, they cannot be found. We will first bring it back.
The boss told reporters that there are about 6 or 7 tons of logs stored in the entire plant area, mostly rosewood and rosewood. Now that the price has fallen, he has stopped buying, but he will not easily ship. In the nearby factory area, the reporter met another large distributor in Dongxing. He told reporters that he had many stocks in his hands and was not in a hurry to sell them.
Log dealer told reporters: I am not anxious, because it may rise next year. It may rise next year and it will rise considerably. I estimate it will reach 20,000 or more.
The boss told reporters that now more powerful big companies and businesses are holding their teeth, before the backlog of wood is generally not sold at a price, because the price of mahogany once again soared after the downturn in the 2008 financial crisis, many people still Looks optimistic about the next year's mahogany market, and small businesses are eager to sell different. Some big investors are still preparing to take the risk and take the opportunity to take a dip.
Fujian merchants told reporters: Now we come to think that now the price will be a little lower, and we will go back a bit and go back. Three months ago, it was like 20 centimeters. It was 100,000 pieces. It has dropped to 80,000 now. However, it will still rise, as in 2008, but also lost all of a sudden, and later it rose quite a lot.
Huang Zhiquan, chairman of Dongxing Yongfeng mahogany furniture, told reporters: Many companies are also optimistic about the timing, and there are still a large number of goods in Vietnam, a large number of orders, a large number of acquisitions like this.
News headlines: Redwood raw materials plummeted and sold out in the past. Crazy is not in this article Source: China Collection Network http://news. Mycollect. Net/infos/201112/180523. Html
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