Forced by international pressure, recently, Madagascar government to ban exports of mahogany and other valuable timber, the closure of some Chinese ports are also related to control imports of mahogany.
The introduction of a ban on seal off, a direct result of rising domestic prices of mahogany furniture.
Yesterday, the reporter visited the Fuzhou market understands that the second half of last year, mahogany furniture market began to pick up significantly in the first half finished mahogany furniture prices have more than 30% of EADS were mixed, and now the price of raw materials mahogany 3 years have been record high, which makes the mahogany furniture collections and investment heating up again.
To June and perhaps a higher
Recently the property market, the stock market downturn, but the mahogany furniture prices have been higher, so the network rumors saying: "real estate speculators in stocks and less fried mahogany furniture." "Now a lot of mahogany prices of raw materials, has been in the past three years, a new high." Fujian groaning Red Zhang, director of the company introduced the first half of red wood almost 5% per month rate increase, the current good aniseed rose to 40,000 ~ 50,000 yuan / ton; normal lobular red sandalwood raw materials, about 28 last year in May 10,000 ~ 300,000 yuan / ton, the current rose to 400,000 ~ 450,000 yuan / ton; Vietnam pear, good aniseed, long expected has risen to 200 yuan / ton, compared to 1.5 million yuan by 2007 / t high, higher than 30%. It is reported that the June 1, Vietnam pear, lobular red sandalwood, red wood may also adjust the price, rose 100 yuan per kg Jiangzai.
Mahogany furniture buyers this year, mostly for investment Favorites
Fuzhou Xiyingmen a mahogany furniture store Manager Chen told reporters, finished the first half of mahogany furniture in general rose more than 30%, which Ming-style, mahogany furniture, casual sales of the most prosperous; the Pavilion Mercure mahogany furniture stores charge a person , after the Spring Festival, buy mahogany furniture customers increased significantly, in which the main investment and collection.
Mahogany furniture market for future investment prospects, Fuzhou lot of mahogany furniture companies, as mahogany is a non-renewable resources of raw materials, scarcity of raw materials necessary to make their prices more expensive. Wong Hainan rosewood as is the mahogany of the best, several hundred years to grow into the current, up to 10,000 yuan per kg. With the economic recovery, expected prices will rise mahogany furniture.
Although promising, but the rosewood furniture still has the risk of investment. Industry experts told reporters that the price decline in 2008 mahogany furniture up to 50%. In addition, imitation mahogany furniture market, real ones, so investors should be cautious.