The price of mahogany furniture plummeted and attracted to the bottom

At present, the price of mahogany furniture has fallen back to 10 years ago! On the 15th, the reporter was informed that due to the financial crisis, the price of mahogany furniture fell sharply, with the largest drop of more than 40%. The fall in prices has prompted the collection market to heat up rapidly. Many collectors believe that the price of mahogany furniture has turned into an inflection point and began to buy out.


This is an order placed by a Lacey customer on the phone this morning for a total price of about 580,000 yuan. On the morning of the 15th, in a mahogany furniture store on Hong Kong East Road, the staff member Xiao Zhang took out an order. The reporter saw that the order included a set of huanghuali wood ring chair, a Lohan table with a small leaf rosewood and a set of two-piece chicken wing wood carved bookcase. According to the staff, after the Spring Festival, the number of customers who came to order in the store gradually increased.

After the holiday, the trading volume of mahogany furniture in this city has obviously rebounded, which has a great relationship with the fall of the price. The manager of the furniture store, Jiang, said that the biggest order last week was about 1.5 million yuan. It was a set of top boxes and shelves made of Vietnamese huanghuali wood.

At present, the prices of Vietnamese huanghuali, lobular rosewood and red rosewood have fallen sharply. From the perspective of the whole market, the decline is between 30% and 40%. Manager Liu of Mingle Classical Furniture in Changle Road, Shibei District, said. According to reports, in terms of lobular rosewood, the international price in September last year was as high as 700,000 to 800,000 yuan per ton, but the current price has dropped back to 400,000 to 500,000 yuan, and the price drop is close to 40%. In addition, the price of Vietnamese huanghuali and red rosewood fell by 30% to 40%. The reporter saw in a store that the original price of 120,000 yuan of Arhat bed can be bought 80,000 yuan.

The prices of these three types of raw materials plummeted, mainly because of the natural decline in the unreasonable price increase in previous years under the influence of the financial crisis. Hu Shijie, the manager of the ancient furniture of the Ming and Qing Dynasties, said that the furniture made of three kinds of wood, such as Vietnamese huanghuali, lobular rosewood and red rosewood, has the largest appreciation in the past two years, almost doubling the growth, while the appreciation of ordinary chicken wing wood is also Between 40% and 50%.

According to Hu Shijie, lobular rosewood, Hainan huanghuali, Vietnamese huanghuali and red rosewood are known as the four famous red woods. At present, only Hainan huanghuali is not loose due to the market out-of-stock price. In the Hu Shijie store, the reporter saw a top box consisting of two cabinets and a Xuanguang blog shelf for 8 million yuan. According to reports, the current market price of Hainan huanghuali wood is 4,000 yuan / kg, and five years ago, the production of this set of top cabinets used a total of 1300 kg of huanghuali wood wool, according to the current price of raw materials on the market, only raw materials The value is 5.2 million yuan.


Many buyers started to bottom out

Now that the price has fallen back to 10 years ago, the scarcity of mahogany raw materials and the unique preservation of the finished furniture have decided that it is now the best time to shoot. In a furniture store, Mr. Yu said that he has studied mahogany furniture for more than 10 years. From 2006 to the first half of 2008, the furniture made from three kinds of precious woods, such as Vietnamese huanghuali, Hainan huanghuali and lobular rosewood, has the largest appreciation. The doubling has increased, while the average chicken wing wood has appreciated between 40% and 50%. Mr. Yu said. According to Manager Hu Shijie, if calculated from 2004, the price of mahogany furniture made of precious wood such as huanghuali wood and lobular rosewood has risen a lot.


The 40% decline has been unique for more than 10 years, but the price of redwood in Jinan and Beijing has shown signs of stabilizing and stabilizing, and it is expected to rebound significantly in the near future. Mr. Yu said. According to Hu Shijie's manager, the city's mahogany furniture market is gradually active, and many buyers have begun to bargain. As the economy improves, the price of mahogany furniture will rebound strongly! Hu Shijie said.

280,000 sold 580,000 recycling

In the interview, the reporter found that although many new mahogany furniture are currently sold with 30% off and 20% off sales, many of the antique furniture in the Ming and Qing Dynasties are marked with old furniture recycling signs. If the mahogany furniture that was listed 3 to 5 years ago has no obvious scratches caused by the use, we would like to recycle it at the original price of 200%. A mahogany furniture recycling store manager said.

Although the raw materials of mahogany are generally bullish, the purely hand-crafted furniture of the Ming and Qing styles has a certain collection value, so the 200% recycling price can be understood. Hu Shijie of Gu Yue Tang Ming and Qing Furniture Store said. According to reports, in 2004 he sold a landscape full-flower Arhat bed made with Hainan huanghuali wood for 280,000 yuan, but in March last year he took this from the buyer at a price of 580,000 yuan. The bed is bought back. In his view, despite the more than 300,000 yuan, the bed will definitely appreciate again after the trough.

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