Affected by the economic recovery and the sharp increase in raw material prices, at the beginning of this year, Guangdong rosewood furniture ushered in a new round of price increases, compared with last year's price, it has increased by 20% -30%. Industry insiders predict that rosewood furniture may still have room for price increases, but the trend should be relatively stable and not ups and downs.
Rosewood furniture prices increase
According to news from the media, Fujian's leading mahogany furniture company Liantianhong, after entering 2011, raised the prices of various types of mahogany furniture, and sold the mahogany furniture in a "non-compromising, price-based" manner. According to its sales staff, from January 1 this year, Huanghuali and Xiaoye red sandalwood furniture have increased their prices by 300 yuan per kilogram, and the current prices have been raised to 3899 yuan and 1999 yuan per kilogram respectively; 40 yuan to 459 yuan per kilogram; chicken wing wood furniture price increases 20 yuan to 219 yuan per kilogram; Laos rosewood, Burmese rosewood 30 yuan to 199 yuan per kg.
At present, the original price of mahogany furniture is still rising further. Liantianhong has determined to increase the price again from February 1. Laos red rosewood, wenge, Lao rosewood and Burmese rosewood have been raised on the basis of the price increase in January. The price increases are 40 yuan, 20 yuan, and 30 yuan per kilogram, respectively, and the prices of Huanghua pear and red sandalwood are to be determined.
In addition, due to the hot orders, Liantianhong's small leaf red sandalwood and Vietnam's Huanghuali furniture manufacturing cycle takes more than 4 months. The larger the material, the more expensive the material. For example, red sandalwood is used for items with a length of 170-195 cm, the unit price needs to rise by 30%, and the unit price of more than 195 cm needs to rise by 50%; %, Materials over 170 cm are difficult to order at all.
There are a lot of mahogany furniture companies like Liantianhong who raise prices in the New Year. Peng Bin, deputy general manager of Guangdong Rongshen Auction House, who has a lot of research on mahogany furniture, said that Guangdong mahogany furniture has ushered in a new round of price increases. Compared with last year's price, it has increased by 20% -30% at the beginning of this year. The price of red sandalwood is currently more than 300,000 yuan / ton, and Huanghuali is more than 600,000 yuan / ton. Even the cheaper red rosewood in the mahogany material has risen from the original 30,000-40,000 yuan / ton to 60,000 yuan / ton, and the raw material cost price has risen by about 50%.
Prices are expected to rise this year
This year, rosewood furniture prices rose from the auction first. On January 9th, in a classic furniture auction in Ming and Qing Dynasties in Nanjing, a pair of large square cabinets with carved sculpted dragon patterns and shou characters in the Ming Dynasty Huanghuali attracted the attention of many collectors, and was finally sold for 8.5 million yuan.
Peng Bin said that since the end of last year, mahogany furniture auctions have repeatedly set high prices. In the China Guardian Autumn Auction last year, the "Simple and Timeless-Ming Style Huanghuali Furniture Boutique Special Event" was launched, with a total of 60 lots, a turnover rate of 100%, and a total transaction price of 210 million yuan, of which many Huanghuali furniture sold More than ten million yuan.
In the autumn auction of China Guardian, Huang Huali furniture set the highest auction record in a row. In the court autumn auction special, "a pair of four cabinets of the Huanghuali dragon pattern in the Qianlong period of the Qing Dynasty" just set the highest record of the Huanghuali auction with a transaction price of 39.76 million yuan. "Minghuang Huali cluster moire horseshoe legs six-post canopy bed" was broken with a transaction record of 43.12 million yuan.
"The economic recovery has been very clear. It is expected that the price of mahogany furniture will continue to rise, but the increase will not be large." Peng Bin said that since last year, the cost of raw materials for various types of mahogany furniture has doubled over the past two years, and it is difficult this year. Crazy again. Jiangmen, Nanhai and other places are important places for the production of mahogany furniture. The price trend is relatively stable. There are very few "speculators". The driving force for the price increase of mahogany furniture at the beginning of this year may mainly come from household consumer demand.
Peng Bin has been tracking the trend of mahogany for more than ten years. He said that in recent years, the price of mahogany has skyrocketed. From 2005 to 2007, the price of rosewood rose 3-5 times, but after the 2008 Olympic Games, it fell back to the level of early 2006 overnight. At the beginning of last year, the price of rosewood raw materials began to increase. In the second half of the year, almost all rosewood raw materials increased in price, with an average increase of about 30%.
special reminder
Rosewood has the largest appreciation space
Peng Bin believes that rosewood prices are mainly due to scarce log resources. The mahogany in the domestic market is mainly imported from Southeast Asian countries such as Myanmar and Laos. In recent years, the origin of mahogany has increased the control of logging, resulting in a sharp decrease in supply. For example, the Indonesian government banned the felling of ebony wood last year, making this raw material particularly demanding. In the first half of this year, the Vietnamese government also strictly controlled the export of redwood logs such as Huanghuali.
Peng Bin introduced that the best mahogany variety is Hainan Huanghua pear, followed by Ye Tan, Vietnamese Hua Li, Da Zi Ye Tan, and rosewood. Among them, Hainan Huanghua pear is very scarce and will appreciate in the future, but because of the high price, only a few people can afford it, so there is also little supply and demand. But at present, the most sought after by the market is rosewood, because the price is medium, it can be accepted by ordinary citizens.
"It takes 200,000-300,000 yuan for a set of rosewood furniture, and 700,000-800,000 yuan if it is complete." Peng Bin believes that the value-added potential of mid-to-high-end mahogany based on rosewood in Laos is very large because every year Demand consumes a lot and will appreciate faster when raw materials are scarce.
Industry insiders said that although the best time to buy has been missed, in the long run, due to the scarcity of mahogany furniture raw materials, its price trend is bound to rise.
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