Clones in Myanmar challenged Sabili market and sales increased significantly. According to merchants, Burmese clones similar to Shabili’s material have been developed in recent days to challenge Sabili’s “king statusâ€. At present, the price of Myanmar's clone in the Guangdong market has been reported to 3300-3600 yuan/cubic meter.
According to merchants, due to abundant market inventories, African pears (scientific name African Hedgehog rosewood) in the context of declining demand, the industry competition is quite fierce, the relatively weak funds dealers have to reduce the price to ease the pressure, the current Guangdong Yuzhu International Wood The price of African pears in the market reported at 2,800-3,000 yuan/ton. In addition, some businesses disclosed that due to the imbalance between supply and demand, starting from September, the arrival of new shipments of African pears in Hong Kong will drop significantly.
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