The red rosewood is high in the business and looking for a new "new joy"

Buying furniture is not simply buying materials. Quality and craftsmanship should be considered by consumers. Recently, a message "On October 25, the Vietnamese government officially banned the export of Siamese rosewood" was spread in the industry. The authenticity of the news is yet to be verified, but the fact that the price of imported materials, such as Sian rosewood, continues to rise, has forced merchants to consider which "new rice pots" will be selected next year. The rosewood materials represented by the large fruit rosewood and some "non-traditional" mahogany materials may become the new favorite of the market. The price of precious redwoods has been rising since the revision of the CITES Convention in June this year, and the prices of mahogany raw materials such as Dalbergia rosewood have climbed all the way. According to Yang Bo, chairman of Beijing Yuan Henry Hardwood Furniture Co., Ltd., from the beginning of the year, Dahong rosewood has increased by as much as 150%. At present, the price of raw materials has exceeded 200,000 yuan per ton. According to the news released by the China Redwood Committee on October 28, the price index of imported mahogany logs in August was 143.7, up 24.85% year-on-year and 2.2% month-on-month. The sawn timber price index was 229.1, up 5.52% year-on-year and 7.41% month-on-month. Che Chang, secretary-general of the Redwood Circulation Professional Committee of the China Timber and Wood Products Circulation Association, said: "The current China Redwood Import Price Index (HIPI) has increased significantly year-on-year and quarter-on-quarter. Mainly due to market investment and normal consumption. The impact of the growth of sexual demand, as well as the impact of the recent customs crackdown on the illegal import of rosewood trade. The price of China's rosewood market will continue to rise in the coming months, and the price of precious redwood (Sapphire, Dalbergia, Dalbergia, etc.) will rise step by step. Compared with the price of tens of thousands of tons per ton at the beginning of the year, the price of red rosewood makes businesses start to worry. Many merchants believe that the price of red rosewood has reached its highest point. Insiders said: "This high price, coupled with the continuous increase in these months, buyers do not dare to buy large-scale, most small manufacturers have no ability. Now the industry generally believes that the price of red rosewood has reached the highest Point, there is no possibility of going down.” Looking back on the market changes of red rosewood in recent years, there are similarities with materials such as huanghuali and red sandalwood: the initial price is lower, and as the market continues to be recognized, the price climbs all the way. Yang Bo believes: "If the price increase of furniture is synchronized with the materials, it will inevitably lose a large number of existing consumers." So, looking for the "next red rosewood", occupying the commanding heights of the market before the price rise, has become a common idea of ​​the business. Brand adjustment raw materials According to industry insiders, there are two key points for the mahogany furniture brand to obtain market sales: low material purchase price and popular furniture style. The lower raw material price is the guarantee of profit, and the correct determination of the furniture style can guarantee that the goods will not be pressed. Near the end of the year, manufacturers need to purchase the materials needed next year, planning the direction of development. At this time, the price of red rosewood on the high side has caused many businesses to be confused. Many merchants have already had some new moves, adjusting the material structure, changing the development strategy, and not losing at the "starting line." Furniture made from traditional mahogany materials is still the mainstream of the market. Recently, the industry has rumored that a large number of two major brands sold red rosewood, causing concern. Insiders analyzed that this may be the accumulation of funds for companies to adjust their strategies. Many companies also indicated that they will make adjustments on raw materials next year or nearly two or three years. Yang Bo said: "In the next three years, Yuan Henry may use the white rosewood in the rosewood to make Ming style furniture. The white rosewood is used in large quantities in Ming style furniture, and its pattern and color are quite beautiful. Many experts will Confused with huanghuali. Currently the price of this material is relatively low, but few people realize the beauty of Ming furniture.” In the past two years, a variety of mahogany materials have flowed to the market, and some brands using “new materials” have emerged. “Suzhou Huabao” is mainly engaged in furniture made by Ziguang Tan and Daguo Rosewood, and the market shipments have a tendency to rise. A furniture manager told reporters: "Under the impact of the newly revised CITES Convention, the price of raw materials of Siamese rosewood is rising, and the price of furniture has also increased. The best selling in the present is Burmese rosewood." Currently, represented by Daguo red sandalwood. Rosewood has become a business opportunity that many businesses value. Its price has also increased from 12,000 yuan per ton at the beginning of the year to 20,000 yuan per ton, and it still maintains its growth momentum. ■ Market analysis Two types of materials have potential for appreciation In the past two years, there have been two types of materials that have attracted market attention: First, the texture, color, and odor are similar to those of traditional mahogany materials and are considered as alternative materials. For example, Dwarf Dalbergia, D. argentea and S. sylvestris are the same species, the color pattern is similar, and the price of Sian rosewood is rising, and the usage and shipping rate are rising. Dwarf Dalbergia and A. sinensis may become a substitute for S. chinensis. For example, rosewood, represented by the large-flowered red sandalwood, which is light in color, beautiful in texture and sandalwood, is considered to be the most valuable tree species in rosewood. The other is a tree species that was previously less of a concern. For example, the East African black Dalbergia, known as "Purple Tan", is a black rosewood of Dalbergia. The wood is extremely hard, the yield is low, the color is dark, the oil is thick, and it is easy to form a beautiful patina. Due to the immature processing methods, the market has a small range of cognition, and the northern consumer groups do not accept black materials, and there is currently no large-scale appreciation. Similar woods include black mulberry wood called South American black rosewood.

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