Mahogany furniture "diving" at the end of the year

It has been said that "the speculation is not as good as the fried mahogany". In the past two years, the mahogany market is hot, and it can be said that it is going to rise. However, with the downturn in the property market and the stock market, investors are tightly funded and have reduced purchasing power. They are also more cautious about investing in mahogany furniture.

Foreword: The reporter visited yesterday and found that the current mahogany raw materials have begun to reduce in size, with the highest drop of 30%. In the "cold wind", some small shops began to close one after another.

Mahogany furniture "diving" at the end of the year

Event playback: Redwood raw materials fell by 30%, some shops closed

“Redwood furniture raw materials have been reduced!” Yesterday, Mr. Chang, who has been doing mahogany furniture business for many years, told reporters that compared with October, Vietnam’s huanghuali has dropped from 2 million yuan/ton to 1.4 million yuan/ton, Laos’s rosewood 200,000 yuan / ton fell to 150,000 yuan / ton, lobular rosewood fell from 1.2 million yuan / ton to 900,000 yuan / ton. “The highest drop was 30%.” Mr. Chang lamented, and the overall price of raw materials for mahogany furniture also fell by 15%-20%.

The reporter learned that the "price reduction tide" of this wave of mahogany furniture raw materials sprouted in October this year. At that time, due to the withdrawal of Wenzhou hot money involved in the speculation, some investors began to sell redwood raw materials for a time, but the overall price was quite stable. According to Peng Jianchu, director of the Xiamen Furniture Professional Committee of the Fujian Collectors Association, it was "priceless." "status.

"At present, about 80%-90% of the businesses that make mahogany raw materials business have loans, ranging from three to five million yuan, and more than ten million yuan, many of which are still private loans." Peng Jianchu told reporters that it is now In December, the year was approaching, the economy continued to be sluggish, and some loans were large. Companies with insufficient capital turnover had to sell at a reduced price in order to withdraw funds.

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