Border furniture is expected to pick up after the Spring Festival

The end of the year should have been the hottest sales season in the border trade mahogany market. However, the reporter recently found a strange phenomenon in the visit of the Sino-Vietnamese border mahogany border trade market: At 2 or 3 o'clock in the past, the mahogany border trade market was very busy; now mahogany business promotion is “shop Before the cold-clear car is thin." It is reported that at the end of the year, many of the border's mahogany business sales fell by more than half, but the prices of mahogany finished products did not see a drop, and the price remained stable. Why did such a phenomenon occur? When will the border trade mahogany market pick up? To this end, the reporter went to Pingxiang for investigation.

Border Market: Sales of Redwood Merchants Drop by Over 50%

“Before going to Xiang Po Village, looking for a parking space is difficult, but this time to see people there ah little, basically do not have to worry about traffic jams.” A few days ago, Redwood collection enthusiasts Mr. Luo went to Pingxiang Puzhai mahogany border trade market, found this strange phenomenon.

Pingxiang, which has the reputation of “China's Redwood Capital”, has over 3,000 Chinese and foreign companies engaged in the processing and sales of mahogany furniture and employs tens of thousands of people. Since 2009, Pingxiang Port Hongmu has continuously ranked first in the country. Therefore, the redwood border trade here is the "thermometer" and "barometer" of the domestic redwood market. However, the reporter recently discovered after Pingxiang’s investigation that the end of the year was supposed to be the hottest sales season in the border trade mahogany market, but now it is very deserted.

Pingxiang has a number of mahogany furniture distribution center. The largest production and sales scale in the PuZhai area along the Sino-Vietnamese border has long formed an industrial chain for the production and distribution of mahogany furniture, attracting a large number of customers to purchase mahogany furniture or accessories. At about 14 o'clock on December 20th, the reporter came to Pingxiang Puzhai Border Trade Market to see that there were few customers in the market.

In April this year, when the reporter visited Puzhai, he discovered that people here are crowded with people and the shops are often crowded. It is difficult to find a parking space.

“When we were close to the festival, we were basically busy and we didn’t even have the time to eat. Now we have a lot of leisure.” A salesman in Puzhai told reporters that they are mainly engaged in the wholesale of mahogany chopsticks, agarwood and other mahogany products, all over the country. Customers, but now the customer's order quantity is down more than half compared to the same period last year.

In one of Pingxiang's largest mahogany furniture stores, the Nanshan Redwood Market, the reporter visited the survey and found that sales of mahogany furniture have also declined in varying degrees. Ms. Liang, who is the head of a mahogany furniture factory in the market, told reporters that their manufacturers' mahogany furniture wholesale volume has been very large. They come from dealers or customers from all over the country. Customers who came to buy mahogany furniture recently have had fewer customers. a lot of. Sales volume fell by about 50%.

However, some Fujian merchants who have been doing business with mahogany furniture for many years in Nanshan said that people who come to see more than they bought have no idea what the market will be next year. Many merchants in Nanshan and Puzhai stated that mahogany furniture is not very good for sale in the second half of this year. Originally, it was thought that the prices would be adjusted by the end of the year, but now, both wood and products have fallen.

According to the data, the monthly value index of the National Redwood Products Market Index (HPMI) was 83.2 in November, which was a quarter-on-quarter decrease of 2.4 percentage points. The index continued to bottom out, indicating that the mahogany market continues to show contraction, and the downward pressure on the industry is greater. According to the national red wood product market sentiment index chart shows that from May this year, in addition to the September index rose slightly by 0.5 percentage points month-on-month, has been in decline.

Raw material prices: some raw materials fell 20% -30%

Why did the Redwood Border Trade Market, which has been very popular in the past, suffer from “Waterloo” during the peak sales season of the year? The reporter conducted an investigation.

“The entire economic environment and the lukewarm real estate market are the main reasons for the decline in the sales of the border trade mahogany market.” Li Yingjian, consultant consultant of the Guangxi Redwood Furniture Association, analyzes that the state implements a severe anti-corruption policy, and mahogany gifts are much less, and the real estate market is cold. Directly affect the sale of mahogany furniture.

Pingxiang Puzhai, Nanshan Redwood market dealers more than mahogany furniture revealed that since the second half of this year, part of the log price, there is a 20% -30% decline.

Luo Li, president of the Guangxi Redwood Cultural Research Association, said that the purchase prices of some raw materials for recent rosewood species have declined. The most falling is rosewood, from the previous general material 24,000 -2.5 million per ton, down to the current 14,000 -1.5 million per ton, a price of about 1 million per ton. In addition, the price of raw materials before the price of raw materials than rosewood rosewood Dalbergia, the price from the previous 600,000 yuan per ton, down to 400,000 yuan per ton, a decrease of about 30%. The Dalbergia japonica price changes are not large, because the Dalbergia japonica has long been one of the three major tributary trees in ancient times, with a reddish color and near festivals, which is in line with the joy of Chinese families. “The reason why the price of D. roseus is falling is because its production is higher than that of Dalbergia japonica, and the finished product sales of Lu’s black rosewood products have declined, causing the prices of raw materials to fall.”

The reporter learned that since the second half of this year, many stockholders have been unable to bear the financial pressure and can only sell the hoarded raw materials at a significant price cut. At the same time, due to various factors, the import tax on mahogany raw materials in Southeast Asia has also been lowered in the second half of this year, and the prices of raw mahogany raw materials have also dropped.

Data show that in November the national mahogany product market continued to tighten. The production volume of major products of the company continued to decline month-on-month, and the overall price of the mahogany products market fell again. According to Li Yingjian, expert consultant of Redwood Furniture Co., Ltd., the consultant of Guangxi Redwood Furniture Association, there is no possibility of turning at the end of the Redwood market.

Finished product price: most of the finished furniture prices are firm

The reporter found a strange phenomenon during the visit. Although some of the mahogany raw materials fell, most of the prices of mahogany products remained strong. Businesses did not increase prices, but there were few price cuts and prices remained strong.

“Most of our factory mahogany home prices did not change.” Pingxiang Nanshan mahogany market, a salesman told reporters that although some raw material prices fell, but the price of finished products did not adjust the price, but individual furniture can give some benefits.

“We only have a certain amount of preferential prices for the home of rosewood.” Ms. Liang, the head of a mahogany furniture factory in Pingxiang, said that the price of a 1.8-meter-long fruit red sandalwood was more than 30,000 yuan at the beginning of the year. Less two or three thousand dollars. "Other furniture prices have not changed."

“We have all the prices of mahogany products and handicrafts at the beginning of this year. What is the price? What is the current situation? If sales are not good, we will not cut prices and promotions.” According to a person in charge of a store in Pingxiang Puzhai, although sales have been affected by the impact of the environment, However, the demand for mahogany is still in the market, and many mahogany is increasingly scarce, it would rather pick up the goods, rather than cut prices.

According to a reporter’s investigation in Pingxiang’s investigation, apart from the price drop of some large fruit rosewood furniture, most mahogany crafts and furniture prices remained strong. In particular, high-end redwood species such as Dalbergia japonica, lobular rosewood and huanghuali are even higher than the prices at the beginning of this year.

Why does this strange phenomenon occur? Luo Li analyzed that the prices of raw materials for high-end wood species have changed little, and the labor costs in China have become higher and higher, so the overall cost has not been reduced. Therefore, the mahogany furniture market has emerged, especially the high-end mahogany The main reason for the firmness of finished furniture prices.

Market Forecast: The market may pick up in April and May next year

When will the mahogany market pick up?

Luo Li analyzed that it is a good time to purchase mahogany before the Spring Festival. It is expected that there will be a wait-and-see period after the Spring Festival, and prices may gradually pick up in April and May next year. The price of mahogany is as if the stock market is up or down. It will be normal for the volatility to appear during the recovery process.

"The market will pick up at least until after the Spring Festival next year," Li Yingjian told reporters.

The industry generally believes that the current price of wood and mahogany products has approached the reserve price. After the spring of next year, the market may usher in the recovery industry. The industry believes that now the price of mahogany as a whole goes down, the end of the Spring Festival is a buying opportunity. A set of large red sandalwood rosewood sofa sets + coffee table price is less than 20,000 yuan, a set of 1.8 meters long fruit rosewood bed price is less than 30,000 yuan ... Reporter visited the border trade mahogany market found that part of the mahogany raw materials After the price of diving, the price of low-end mahogany furniture is now similar to that of modern solid wood and fashion wood.

Li Yingjian believes that the price of high-end mahogany wood will not be pulled down, but the common types of rosewood and rosewood still have some room for appreciation. “The price of timber for investment, purchase of rosewood or rosewood is relatively stable.”

Luo Li said that when consumers purchase mahogany furniture, they should not only pay attention to the choice of material scarcity, but also must fully consider “type, art, rhyme”, and one aspect should not be less. The mahogany home has a variety of styles and techniques. Its price is not determined solely by raw materials. It is also affected by the craftsmanship, styles and specifications. Although the materials are the same, the craftsmanship is different, and the prices are very different.