The rise in the prices of various mahogany raw materials has warmed the market for mahogany furniture. Recently, Suzhou mahogany furniture ushered in a new round of “price hikesâ€, an average increase of 30% compared with the first half of the year. According to industry insiders, “the economic recovery and the increase in buyers have also stimulated the price of mahogany furniture to rise.†The rise in the price of mahogany furniture has been favored by collectors with high quality and high quality. However, due to the impact of the international financial crisis last year, the price of mahogany raw materials fell back. At the beginning of this year, Mr. Wu moved a new house and spent 110,000 yuan to buy two bookcases, painting tables and chairs, and a four-piece study of mahogany. Recently, he passed by to buy furniture in the store, and once he saw the price tag, "a set of exactly the same now 16 Ten thousand yuan." Mr. Wu is very happy. He has increased by 50,000 yuan in the past six months. Chasing up and down is not only in the stock market, but also in the mahogany furniture market. Mr. Wu just caught up with the good time to buy furniture. Since this year, the price of mahogany furniture has continued to rise. "Affected by the international financial crisis, the price of mahogany furniture once plunged last year, but after the Spring Festival, the price has soared." In the mahogany furniture exhibition hall of Pioneer Wood of Qijiang Road, deputy general manager Zhu Pancheng pointed to the big red rosewood wardrobe, The five-piece bed, TV cabinet and bedside table said: "The sale of 200,000 yuan at the beginning of this year has now risen to 250,000 yuan." According to Zhu Pancheng's analysis, in addition to the economic stabilization, the main reason for the price change of mahogany furniture is The rise in raw materials. He said that the current price of Siamese rosewood is more than 40,000 yuan per ton. The lowest raw material price in September and October last year was between 27,000 and 28,000 yuan, and in 2007 it was the highest to 50,000-60,000 yuan. In recent years, Myanmar, Laos and other Southeast Asian rosewood origins have increased the control of deforestation and environmental protection, resulting in a sharp decline in the market for redwood raw materials. Investing in the collection of mahogany furniture requires a professional eye. According to Zhu Yangcheng's memories, from 2005 to 2007, mahogany furniture rose the most, and people who sold mahogany and mahogany also increased. For example, the price of a rosewood table in 1999 was seven or eight thousand. In 2005, it sold for 1.2-1.3 million yuan. At the end of 2006, it sold for about 15,000 yuan. By the end of this year, the price was around 18,000 yuan. In addition, the number of fans of mahogany furniture is increasing, and the consumer group is concerned about the combination of practicality and value-added mahogany furniture, which will also boost the price trend. Experts believe that the investment in mahogany furniture is large, and it takes three to five years to generate returns. This requires a professional eye for buying furniture. At present, there is a phenomenon of shoddy furniture in the market. Therefore, the purchaser should consult an expert and initially learn to identify the authenticity of mahogany furniture and then purchase it. Professionals suggest that the red rosewood and old rosewood furniture in the redwood varieties are now available for a larger appreciation. When you buy, you can talk to the seller more, don't rush out, shop around. At present, some Ming style furniture is recognized by most consumers in a simple style and easy to match with modern furniture.
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