Rong rosewood furniture prices increased by 10% to 30% at the end of last year

The Straits Metropolis Daily has recently learned from Xianyou, a domestic high-end mahogany furniture production base, that starting from the second half of last year, mahogany raw materials began to rise, and the highest increase has now exceeded 50%, and the price is close to the highest point in 2007.
Affected by this, the reporter visited Fuzhou International Furniture City and many mahogany furniture stores in the Second Ring Road yesterday and found that the price of mahogany furniture increased by 10% to 30% compared with the first half of last year.
The person in charge of Putian Liantian Red Rosewood Furniture Co., Ltd. revealed that as the property market and stock market pick up, rosewood furniture also began to rise. At the beginning of last year, the mahogany furniture market was still deserted. From April to May, there was a small upsurge in sales.
The reporter learned from the mahogany market at the top of the Xianyou list in Putian that rose mahogany furniture was due to the price of mahogany raw materials rose from the second half of last year. To 600,000 to 700,000 / ton.
Boss Wu, a mahogany furniture dealer in Taijiang Paiwei, Fuzhou, said that after August last year, high-end mahogany raw materials such as Indian red leaf sandalwood and Vietnam Huanghuali rose more than 50%, while mid-range mahogany raw materials such as Laos red rosewood and African chicken wings rose 10% ~ 30%.
Many mahogany furniture manufacturers in the mahogany market in Putian Xianyou list said that due to the scarcity of mahogany, the mahogany has been sought after by people from all walks of life in recent years, and the mahogany furniture market has also experienced a "surge". According to reports, due to the hype of mahogany material suppliers, by the end of 2007, the price of mahogany reached its highest point, and then affected by the financial crisis, prices began to plummet again. Taking red rosewood as an example, the highest selling price in 2007 reached 60,000 yuan / ton, which dropped to 28,000 yuan / ton in March 2009, and began to rise again in the second half of this year. Now the price reaches 48,000 yuan / ton, Close to the 2007 high.

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