Redwood market lifted again

In early 2005, the price of domestic mahogany furniture was rapidly increased by merchants. The investment theory of mahogany furniture, collection theory, and the scarcity theory of raw materials flood the market. In 2007, the price of mahogany was lifted to its peak. However, in 2008, the value of mahogany furniture plummeted, and many speculators took a "roller coaster" with their mahogany furniture. Now, after the storm, the market for the Redwood market has begun to heat up again.

Absolute scarcity of resources sought after by the market

In late April, in the Zixiang Classical mahogany furniture store on the Changle Road Cultural Market, the owner Zhang Wei dressed in a gray Chinese Tang suit and watched the online mahogany market from time to time with the Ipad.

“I have been in contact with mahogany for more than 20 years. Initially, I liked myself and my family. The house was full of mahogany furniture. Later, I discovered that the mahogany market has great potential and she began to collect and operate.” Zhang Wei said, what people now call China Classical furniture actually refers to Ming and Qing style furniture. The biggest benefit of mahogany furniture lies in its “environmental protection”. It does not paint on the surface, nor does it contain formaldehyde. With the improvement of people’s lives, materials, and culture, more and more people are starting to pursue mahogany furniture.

Zhang Wei said that the species of redwood are scarce, they grow slowly, their resources are scarce and they are declining year by year, and some are on the verge of extinction. At present, China mainly imports mahogany from several Southeast Asian countries, such as India, Vietnam, Laos, Myanmar, and Thailand, and South America and Africa. Because some countries restrict exports, many precious woods are increasingly difficult to buy.

Multi-way businessman rushes in

“Now Hainan huanghua pear has almost disappeared in the market. Some provinces have just planted and it will take two to three hundred years to grow up and become mature. Modern people cannot enjoy it. It is only the predecessors who plant trees to cool off.” Zhang Wei Said that due to soaring prices of raw materials, many furniture manufacturers took a lot of money to hoard wood, and some timber merchants in Hong Kong and Taiwan also made great efforts to enter the mainland, investing in the raw material market. In 2007, Hainan Huanghua pear in the Guangdong market rose from 500,000 yuan per ton to 2.7 million yuan, and the price rose more than five times in one year.

Due to the scarcity of huanghuali, Indian lobular rosewood has become the best substitute. The price of lobular rosewood at the end of 2006 was 180,000 yuan per ton to more than 200,000 yuan. In 2007, it soared to 780,000 yuan per ton. More than 1.6 million yuan per ton. There is also the red wood of Southeast Asia. Although it is cheap, it has doubled from the starting point of 30,000 yuan per ton to 60,000 yuan per ton.

However, at the end of 2008, the market suddenly turned sharply. Lobular rosewood dropped from about RMB 750,000 per ton to about RMB 350,000 per ton. The mahogany market ushered in the “harsh winter” after the stir-fry.

Redwood prices return to rising channel

"The mahogany furniture has different prices according to different materials. For Laos red rosewood, which is now sold at a relatively large price, before 2007, a pair of Qing-style palace chairs and coffee tables were set at 3,500 yuan. By 2007, they were fired. 10,000 yuan, although it fell back to 5,000 yuan in 2008, after three years of precipitation and development, coupled with the scarcity of materials and labor costs, this year's prices have quietly risen back to 10,000 yuan." Zhang Wei Say.

Zhang Qingde, secretary-general of the Qingdao Wood Processing Technology Association and Qingdao Yimu Furniture Store Manager, also stated that since March 2011, the mahogany furniture market has entered a fiery state, and raw material prices have doubled over the past two years. All mahogany furniture manufacturers have raised prices for mahogany furniture, but sales are still good.

Some furniture manufacturers specialize in wood

Ren Maoshun, director of the Qingdao Furniture Association and chief arts advisor of Dayi Red Square, said that since 2000, mahogany furniture has been sought after by more and more people and has entered a stage of steady rise. There is less and less redwood timber in China. Huanghuali is basically gone. Most of the raw materials imported from Vietnam and other Southeast Asian regions have seen fewer and fewer resources. Many businesses have begun to purchase raw materials in bulk, leading to soaring raw material prices.

Ren Maoshun said that many large furniture manufacturers do not rely mainly on processing, preferring to use a bit of wood because it is faster than processing money. In 2007, after making money in the stock and property markets, many people also turned their eyes to the mahogany furniture market. The scarcity, practicality and cultural aesthetics of mahogany furniture, and the preservation and appreciation of value, made the mahogany market become a stock market and a property market. Another investment outbreak that emerged.

In 2008, affected by the financial crisis, the stock market and the property market slumped one after another. Many funds for the mahogany furniture market were also withdrawn quickly. The price of mahogany raw materials fell by nearly two-thirds.

From the autumn of 2009, Redwood's raw materials began to rise again. “The most important reason is that scarce natural resources cannot meet consumer demand because the growth cycle of these woods is very slow. For example, lobular rosewood, which normally takes 200 years to become a material, the supply and demand inconsistency will certainly not be resolved in the short term, and the price of wood will increase further. Zhang Qingde said.

The processing of mahogany wood depends on the craftsman's technology. Usually, only older craftsmen with more than a decade of technology can make and process mahogany. Today, they can “copy machetes”.

Redwood's artisans are still lacking in follow-up, and their wages are rising. “Now young people are not willing to do carpenters, dirty and tired, but also settle down to learn technology.” Ren Maoshun said that the old craftsmen who can now design patterns and prototypes can earn 3,000 yuan a day, and ordinary The monthly income of carving workers is also nearly 10,000 yuan. All this has contributed to a new round of rosewood furniture.

“I think the popularity of redwood investment collection will also increase.” Ren Maoshun explained that the recent real estate purchase restrictions and the stock market downturn, so that some investors began to seek the export of funds, because of its special nature, redwood can certainly attract investors' eyes.

Invested millions for two-thirds

In 2007, when the mahogany furniture was the hottest, the two northeastern brothers opened a furniture processing plant near China and South Korea and opened the door to sell in the cultural market. The brothers entered their own raw materials, produced their own production and processing, and sold themselves. Because at that time, the price per ton of lobular rosewood had reached 750,000, and African rosewood was only 30,000 yuan per ton, so the two decided to eat a large amount of African rosewood, which was still relatively low in price.

“They bought a total of more than 30 tons of African rosewood, spent more than 1 million, and gave it all, just want to wait and continue to appreciate, before they never enter so many goods, but not long before, sweeping the Redwood market The storm hit, rosewood prices fell to 10,000 yuan per ton, the brothers’ investment shrank by two-thirds, and the mahogany furniture market continued to slump in 2008 and 2009, and the furniture they made could not be sold due to high costs. Even the wages of the workers can not afford to pay.” Zhang Wei recalled that the last two had to close the furniture factory, all the timber shipped back to their hometown in Northeast China, waiting for the raw material prices up and re-start later.

200,000 fried cabbages

Mobile phone number 3245 readers: In November last year, when the Chinese cabbage market was good, many people around the country looked at cabbage, and they couldn't hold back anymore. They scraped together more than 200,000 yuan to buy a few hundred tons. Unexpectedly, after the Spring Festival, the price of cabbage turned down, not only did not make money, but the borrowed more than 20 million were lost. One rotten cabbage was rotting in the ground and his intestines were all in regret. After all, the cabbage was a cabbage.

The reader of the mobile phone tail number 3761: Some people become more crazy because they have money on hand. It is good to say that investment is the pursuit of wealth. It is difficult to listen to the point that it is manipulated. It is fraudulent and monopolizes the price by using the method of selling goods. In the current market order and legal system has not yet been perfect, so that speculators have loopholes, but after the madness, must be annihilated. It is not a home away from home or a huge debt. It is a miserable life. Therefore, like our salaried employees, we must live in peace and we don't need to envy those survivors who have become rich overnight.

Talk about your speculation experience

Stocks, real estate, fried garlic; fried gold, fried oil, fried corn ... This is a crazy era, who stay calm, it seems that anyone is not normal. From Pu'er tea, mahogany furniture, orchids, to "your garlic," "beans, you play," "your ginger," and "sugar, high," and there is no shortage of "high prices." However, behind each myth of wealth, there will be phantoms of private hot money flashing. The story of a fortunate overnight attracts crazy speculators, but not only Puerh tea, orchids, stamps, mahogany, jade... Tough lessons have been learned more than once, but the drive for profit still leaves speculators unable to stop.