The season rose mahogany furniture prices
As the Spring Festival approaches, the demand for mahogany furniture has surged, pushing the market into its peak season. Recently, a reporter visited several furniture stores and found that the cost of raw materials for mahogany products has been on a steady upward trend. As a result, the prices of mahogany furniture are now fluctuating on a monthly basis. Industry experts have warned consumers that there is a significant price disparity among different types of mahogany, and the quality of products varies widely. It's crucial for buyers to be vigilant and ensure the authenticity of the materials before making a purchase.
According to the reporter’s findings, since the start of the sales season, the price of mahogany furniture has been consistently rising. The cost of raw materials for all categories of mahogany has increased by more than 50% compared to last year. For instance, high-grade rosewood, a premium material used in luxury furniture, currently costs over 300,000 yuan per ton, while Huanghua pear wood has climbed above 600,000 yuan per ton.
Even the more affordable red rosewood, which was previously priced between 30,000 to 40,000 yuan per ton, has now risen to 60,000 yuan per ton—an increase of 50%. This dramatic rise in material costs has forced many manufacturers to adjust their pricing strategies frequently.
A seasoned businessman in the mahogany furniture industry shared with the reporter that the price of raw materials has been highly volatile recently, and finished product prices have also changed on a monthly basis. With intense competition in the sector, it's becoming increasingly difficult to predict future price movements.
In the past, CCTV exposed some manufacturers who used “white hides†– a type of inferior wood – in their furniture components to cut costs. These materials were not suitable for use as mahogany due to quality issues. According to industry sources, there are numerous types of raw materials available for mahogany furniture, and the price differences between them can be substantial. Consumers should exercise caution when purchasing and, if necessary, consult a professional appraisal agency to verify the authenticity of the materials.
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