In less than 4 months, the price of mahogany furniture has risen by at least 30%, especially around the Spring Festival, which has soared almost all the way. Many rich people in our city have also begun to invest in the mahogany furniture market, and many commodities are out of stock.
Prices soared by 10% in 1 month
Mr. Wang, who was in business, purchased a set of mahogany sofas before the Spring Festival. The material is Laos red rosewood, with a total price of 250,000 yuan. A month later, due to the rise in the price of materials, the furniture he chose has appreciated by 10%. Mr. Wang said: "Before the Spring Festival, when I bought a new house for decoration, I wanted to buy a set of mahogany furniture, which can be used and invested. I didn't expect to make money by buying it."
Due to the increasing scarcity of raw materials, and the country of origin of mahogany Vietnam and Laos have introduced some policies restricting the logging of mahogany, the price of domestic mahogany furniture soared around the Spring Festival.
Zhang Haisheng, the owner of Guiming Mingmu Hongmu Furniture Co., Ltd. of Great International Furniture Plaza, said: "Compared with when the home fair was held in October last year, good materials have increased by at least 30%. For example, the price per ton of red rosewood is from 70,000 yuan It has risen to more than 170,000 yuan, and per ton of Myanmar Huanghua pear has increased from more than 9,000 yuan to about 13,000 yuan. The price of more expensive materials has increased. "
Selling hot buyers waiting in line
The price of mahogany furniture skyrocketed, attracting investors' attention. More than half of the exhibition hall in Zhang Haisheng's store is now empty, leaving only a few sets of sofas and dining tables as samples.
When the reporter interviewed, there were also citizens who came to ask: "Boss Zhang, has it arrived?" Zhang Haisheng replied helplessly: "We have to wait, soon." Zhang Haisheng told reporters that the sale of mahogany furniture around the Spring Festival Very popular, the bed, desk, wardrobe are almost sold out, and now there are 6 customers waiting in line.
What kind of people mainly invest in mahogany furniture? A set of mahogany furniture costs at least 10,000 yuan, mid-range to 20,000-300,000 yuan, and high-end furniture reaches tens of millions, which is difficult for ordinary wage earners to consume. Boss Zhang said that placing mahogany furniture at home not only shows his identity, but also serves as an investment. Most consumers in our city are people with a certain social status or business, mainly choose low-end products.
Be cautious when buying a variety of raw materials
Why is mahogany furniture so expensive? Mainly due to the scarcity of mahogany raw materials. Although redwood can be regenerated, it takes hundreds of years to mature, and some precious varieties are now almost extinct.
How to buy mahogany furniture? "The key is to see the material clearly." Zhang Haisheng said that Huanghua pear alone has multiple production areas. The most valuable one is Hainan Huanghua pear, which costs more than 8 million yuan per ton, and cheaper ones, such as African Huanghua pear per ton. The price is below 10,000 yuan.
Zhang Haisheng said that there are a lot of mahogany furniture in the market that are sub-optimal and fake. The people who want to invest in mahogany furniture should learn more about mahogany before buying and compare more. "Some fakes are relatively easy to identify. For example, someone sells a furniture set from Hainan Huanghuali. This can definitely be a fake. Because Hainan Huanghuali is extremely precious and expensive, usually there are only a few small ornaments on the market."
Zhang Haisheng said that if ordinary wage earners want to invest in mahogany furniture, they can choose some small ornaments or small sets of furniture, such as pen holders, decorative woodcarvings, three-piece chairs, etc. The price is between several thousand yuan and ten thousand yuan The race can bear it.
Some investors also believe that the current price of mahogany furniture has risen to a high level, and it will be more appropriate to wait for the price to fall back before selling. People who do not know much about the mahogany furniture market should also invest cautiously.
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