The price of mahogany furniture has risen by more than 20%.

The newly revised Convention on International Trade in Endangered Species of Wild Fauna and Flora (the Convention) entered into force on June 12. Within a month after the launch, the price of Siamese rosewood doubled, and the price of Siamese rosewood ordinary bulk material has risen from 160,000 yuan per ton to 320,000 yuan, and the price of small material has also risen from 30,000 yuan per ton to 6 yuan. Ten thousand yuan. At the same time, the price of medium-grade red rosewood raw materials commonly used in the market is 120,000 yuan per ton, up about 30%, and the price of mahogany furniture has also increased by 20% to 30%.

Raw materials rose and the resources of rare mahogany were stretched, and they also plunged into the majestic fire in the mahogany market. After the restrictions came into effect, the reporter visited some of the mahogany practitioners and consumers, and they all said: "The mahogany market is on fire." Shi Lifeng, president of Hongmu Yajuge told reporters: "After rising raw material costs, the market price of scarce material mahogany furniture continues to rise. Some small enterprises will gradually withdraw from the production of precious wood furniture. In the future, enterprises will be more refined and more traditional. The inheritance of culture."

Scarce material prices continue to rise

Shi Lifeng believes that the price of mahogany products with scarce materials will continue to pick up. “Unlike paintings and calligraphy, paper and ink can be produced. The scarcity of fine mahogany furniture itself determines its price.” Shi Lifeng told reporters that the furniture collection is mainly divided into two pieces: one is the ancient furniture handed down. This kind of furniture is very rare and expensive. Collection of old furniture, do not require too much material, mainly the pursuit of charm, only in the case of the same shape, the material requirements are different; the other is antique furniture, the new boutique is mainly the pursuit of materials.

Collection of mahogany furniture do not hold the "one night rich" fantasy Many people have bought the furniture of huanghuali wood at a high price, but specifically find a space to supply it, instead of using it. In this regard, Shi Lifeng said that it is best to use furniture to buy it. If it is popular, it will make the furniture alive. There is no right or wrong in the furniture collection. You can just like it. There is no need to simply consider the material, age and price of the furniture. However, for investment, it is different. It is necessary to take into account the market hotspots and meet the public's aesthetics. Otherwise, it will be difficult for Wu Gao and the widow to get rid of it. At the same time, when investing, you must buy a boutique, rather than a shortage.

"Be wary of the mahogany small merchants speculation of rosewood prices, throwing out the low-priced purchase of mahogany furniture after the transfer, resulting in high prices for consumers to buy mahogany furniture but no after-sales service guarantee, and even buy fake and shoddy products." Shi Lifeng also prompted the majority of mahogany Fans and collectors should do their best, don't exceed their financial ability, and invest in a calm mind. Don't think that collections can get rich overnight. Collections are time-for-space, not bought today, they will rise tomorrow, and it will take some time to settle.

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