The sudden drop in the rosewood market is a good thing for the furniture market.

As the domestic market economy is not very optimistic, the property market volume has fallen sharply , and the country has been tightening its monetary policy. Domestic consumer furniture and decoration and other consumer demand have been suppressed to a certain extent. Currently, Shanghai, Beijing, Xianyou, Zhongshan Dayong, Jiangmen The market of redwood furniture and distribution centers such as Xinhui is very deserted.

Merchants revealed that regardless of the high-end mahogany furniture market, even the African Hedgehog rosewood (commonly known as African huanghuali) and other low-end dark luxury hardwood furniture market sales began to fall, the finished furniture library increased sharply. In response to the trend of the mahogany furniture market in the second half of the year, many businesses feel confused. "At this stage, the country has no clear favorable policies, and there is no clear policy guidance on the control of the property market. Therefore, the situation of the redwood market in the second half of the year is still unclear, and it is still dominated by wait and see." Merchants said.

According to the survey, the continued shrinkage of domestic mahogany market demand has made many companies in Vietnam, Laos and other places rely on exporting mahogany to feel pressure. The producers of redwoods have begun to reduce the large-scale rosewood (commonly known as Burmese rosewood). ), the price of mahogany raw materials such as bird foot rosewood (commonly known as Laohua pear). In this regard, domestic timber merchants are also appropriately reducing the market price. It is also generally believed that if there is funds, it can be stocked in large quantities in order to sell a good price when the market improves. At present, the Guangdong market is generally optimistic about the large fruit rosewood and bird foot. These two species of red sandalwood.

A. sinensis (commonly known as Burmese rosewood) has a diameter of 20-30cm, logs are reported to be 1.4-1.5 million yuan/ton, and square materials are reported to be 1.6-1.7 million yuan/ton. Sian rosewood (commonly known as red rosewood) is 1.8-3m long, the thickness of 15-25cm is reported to be 8.2-8.4 million yuan / ton, the diameter is 25-35cm reported to 9-10 million yuan / ton, the market performance is relatively stable.

Insiders analyzed that a major reshuffle in the mahogany furniture market has quietly arrived. The recent price changes in the mahogany market will bring down the high prices in the previous period, which is not a bad thing for the long-term development of the mahogany industry.

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