In 2012, the mahogany furniture market continued to keep warm

In the 2011 mahogany market, the weather changes throughout the year are generally: starting at the beginning of the year and reaching the hottest point in the summer. As the fall comes, it gradually cools down. The redwood market at the end of the year is as cold as the weather outside. After the ups and downs of the mahogany market, what will happen in 2012?

Redwood market shuffling is inevitable

Whether it is mahogany raw materials or mahogany furniture, its price has been rising in recent years, which is inseparable from the precious and scarce factors of mahogany. At the moment, some mahogany raw materials are being reduced in price, and the market is watching the atmosphere. In the Guanlan timber market in Shenzhen, the difference between the material and the small material is the most expensive, and some have already dropped several thousand yuan per ton, but the price of the better material is relatively stable. The nationally renowned mahogany raw materials and furniture trading place Xianyou, the recent transaction volume has decreased.

At the same time, the maze of “the hot money is difficult to evacuate” in the mahogany industry is bound to affect the 2012 redwood market. This is reflected as follows: First, the main pusher of domestic mahogany furniture prices - "Wenzhou Corps", since the second half of 2010, began to gradually cash out; second, in the situation of the industry's hot money fleeing, many foreign funds Driven by the interests, it is still blindly investing in speculation of wood; the third is the sluggishness of the mahogany market, which directly affects individuals or enterprises that are mainly hoarding timber and speculating wood. The hot money in these markets will face difficulties in evacuation.

Insiders analyzed that a major reshuffle in the mahogany furniture market has quietly arrived. However, some people seem very rational and even welcome. Fang Zhenghe, general manager of Shenzhen Lianfa Wood Industry Co., Ltd. believes that the recent price changes in the rosewood market will lower the annual high prices, which is not a bad thing for the long-term development of the redwood industry.

The redwood market will continue to be cold in 2012

In 2011, it was a winter year for China's real estate market, and the real estate regulation from the central government to local governments continued to escalate. With a house, there is a second need to purchase furniture, and the slow sales of the house will inevitably have a profound impact on the furniture market. With the continuous “refining” of the real estate market, the development of the mahogany furniture market is inevitably affected.

The Central Political Bureau meeting, held on December 9, 2011, decided that in 2012, a proactive fiscal policy and a prudent monetary policy will be implemented. Among the specific policies, one of the important ones is to regulate the property market. It is necessary to adhere to the real estate control policy and not waver, promote the reasonable return of housing prices, and promote the healthy development of the real estate market. The introduction of this policy will undoubtedly give a heavy blow to the current real estate market, and the market bearish expectations are universal. At the same time, the impact of the US debt and European debt crisis still exists in 2012, and the sluggish international economy will also affect China's economy. All of this will make the 2012 rosewood market continue to be spent in the “cold”. In the medium and long term, the mahogany furniture market is optimistic.

“Although the real estate regulation and the European debt crisis, the sales of mahogany furniture market has been implicated. However, some collectible and artistically high-quality furniture have shown strong vitality and are favored by high-end consumers.” Beijing Xiu Mulin Zhang Guoliang, general manager of Furniture Co., Ltd. said. Zhang Guoliang’s words reflect the current “turbulent” development of the mahogany market. In today's sluggish mahogany market, some excellent mahogany professional markets, mahogany manufacturers have turned against the market. In mid-December 2011, in the largest wooden crafts and woodcarving mahogany furniture wholesale market in China - Dongyang China Woodcarving City, Huaxi Village, known as the "first village in the world", bought nearly 20 million yuan of goods at a time. Some mahogany manufacturers in the market are busy shipping.

For the prospect of mahogany furniture, the industry is still generally optimistic.

The reasons are as follows: First, the price of mahogany furniture is not only determined by materials, it is respected because it carries China's long history and culture and tradition, the craftsman's painstaking efforts, a set of high-tech, rigorous mahogany furniture, daily The service life can reach several hundred years. Therefore, with the continuous development and progress of the social economy, the appreciation potential, artistic characteristics, and collection value of mahogany furniture will become increasingly prominent, and prices will only rise with time.

Second, the fall in the price of raw materials for rosewood is a short-term behavior. The price of raw materials rose frantically in the early stage. Although there are factors such as hot money and inflation, the uniqueness of the materials is also inseparable. In addition to the long growth cycle and scarce domestic resources, most of the precious redwood species depend on imports from Southeast Asia and South America. With the restrictions imposed by the local government on exports, the price increase of mahogany furniture is inevitable. Some experts said that the stock of Siamese rosewood will be depleted in 5 years. With the continuous consumption of raw materials, the demand for raw materials in the future mahogany furniture market will be further expanded. The weak market will eventually pass, and the price increase of mahogany furniture is inevitable.

Third, the demand for furniture market still exists. According to statistics, China's current furniture export volume and furniture industry's total output value have jumped to the top in the world. The annual export volume of furniture is 17.4 billion US dollars, accounting for 1/5 of the total global furniture trade. Among them, mahogany furniture has occupied 15% of the total. . The 2012 China Furniture Market Trends Observation and Research Report also shows that the domestic sales of the furniture industry in 2010 have seen a recovery growth, which is a gratifying result. From the perspective of efficiency indicators, the profits and taxes of enterprises above designated size in the furniture industry increased by 47.63% over the same period of the previous year, and the profit increased by 60.14%. The growth rate reached a record high. Among them, the growth rate of wooden furniture manufacturing industry was faster than other sub-sectors, reaching 84.95. %. Therefore, the development prospects of the mahogany furniture market can be said to be optimistic.

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