Domestic rosewood prices continue to rise this year

The trend of soaring rosewood prices in 2010 continued into 2011. Recently, the reporter learned from the market that due to the restrictions on redwood harvesting in Vietnam, Laos, and Other mahogany raw material production regions, domestic redwood prices have been accelerating this year, and prices of high-end mahogany have doubled, but the mahogany buy-back channels are still poor. , investment income is difficult to change.

Recently, Liantianhong has raised the unit weight price for mahogany in 2011. The price of Laos's violet rosewood was 169 yuan/kg on December 1 last year and it has now reached 199 yuan/kg. Laos red rosewood and African chicken wing wood The price also rose by 40 yuan and 20 yuan per kilogram respectively, and the chain growth rate continued to increase.

Compared with the increase of low-end mahogany prices by tens of yuan per kilogram, the rise in high-end mahogany prices is even more ridiculous. The Vietnamese yellow pear (commonly known as “xiangzhi wood”) has been sold at RMB 3,899/kg since December last year and January this year. The price was RMB 1,599/kg in November last year, which has more than doubled. The best redwood Hainan pears are already available on the market.

In terms of repurchasing, the sales staff stated that if the customer did sell the mahogany furniture due to reasons such as immigration and moving abroad, the manufacturer could buy it back after verification, and the repurchase price was 92% of the prevailing market price. However, people in the industry said that the mahogany industry is promiscuous, the repurchase channels are poor, and investment needs to be cautious.

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