Guangxi redwood market gradually warmed up sales of mahogany furniture by 30% to 50%

Since the beginning of this year, what is the basic situation of China's imports and sales of redwoods? According to the China-ASEAN Redwood Product Development Trends Forum, in October this year, the China Redwood Import Price Index (HIPI) was close to 200. Although the National Redwood Products Market Climate Index (HPMI) has risen, the floating rate lags behind the price index. The reporter visited the Pingxiang Redwood Market for two consecutive days and learned that the import prices of mahogany raw materials such as Daguo rosewood have indeed increased by about 30%, but local redwood sales have started to pick up three months ago. Some manufacturers' sales of mahogany furniture are year-on-year. Increased by 50%.

Data: China's rosewood market sentiment index rose slightly

According to statistics, from January to October 2016, China's imports of redwoods reached 725,300 cubic meters, down 9.73%, and imports amounted to 720 million US dollars, down 21.77%. Among them, mahogany logs were 636,600 cubic meters, down 4.7%, imports were 621 million US dollars, down 17.11%; mahogany sawn timber was 62,500 cubic meters, down 34.5%, and imports were $0.99 million, down 42.26%.

"In both quantity and import volume, the overall decline is about 10%. Among them, mahogany sawn timber has a large decline, reaching 30% to 40%, and the average import price has decreased slightly. Why is the rosewood sawn timber falling, the reason In the tightening of raw material trade policies and the consolidation of transaction costs, the import of redwoods has been shrinking year by year.” Che Chang, the vice president of the China National Wood and Wood Products Circulation Association and the Secretary General of the Redwood Circulation Expert Committee, the fluctuation of the price of rosewood trade Smaller, the adjustment is nearing the end.

Che Chang said that from the China Redwood Import Comprehensive Price Index (which reflects the import of redwood resources, the higher the index indicates that the import price is higher), it can be seen from the beginning of May 2015 that the rosewood has fallen, the national rosewood Import prices fell from April to August 2015. The national rosewood market sentiment index (the barometer of domestic rosewood market sales) began in April 2015, and the prosperity index fell below 100. The industry was sluggish and entered a relatively sluggish phase.

However, in October of this year, the import of redwoods showed an upward trend, and the comprehensive price index of China's rosewood imports was close to 200. The redwood market sentiment index did rise in August, September and October this year, but the floating rate lags behind the rosewood import price index. In October 2016, the prosperity index was close to 100.

However, Che Chang believes that the current real consumption start of the mahogany market still needs to observe the statistics of November, December and January next year. "I personally think that the comprehensive price index of rosewood imports may increase at the end of this year, but the consumption of rosewood The trend may continue or decline slightly, so there is still a risk of a certain callback in the mahogany industry."

Visit: rosewood furniture market rebound sales increased by 30% to 50%

There are more than 3,000 Chinese and foreign companies engaged in the processing and sales of mahogany furniture, and there are tens of thousands of employees in the “China Redwood Capital”. Since 2009, the import of redwoods at Pingxiang Port has ranked first in the country. Therefore, the mahogany border trade here can be said to be the "thermometer" and "barometer" of the domestic mahogany market.

"Is this set of mahogany furniture sold to me for 150,000 yuan?" "No, 150,000 yuan we lost money, the lowest 160,000 yuan for you to get a set." ... reporter in the first city of China Redwoods in Pingxiang City - - China-ASEAN Friendship Redwood International Mall saw that the popularity of the mahogany store was good, and many customers were buying mahogany furniture.

“The sales of mahogany furniture have been warming up for about 3 months. The sales of mahogany furniture of our company has increased by more than 50% compared with the same period of last year.” Li Jialu, chairman of Pingxiang Fengzeju Redwood Co., Ltd., said that the sales are better. Rosewood (Dalian rosewood) furniture, due to the high cost performance of large fruit rosewood, in line with the mass consumption capacity, welcomed by the market, the sales of Siamese rosewood furniture is also picking up. "Now, the import price of rosewood raw materials has risen, and the raw material of Daguo rosewood is now rising. The price range is at least 30%, and the price of furniture at the terminal has also increased by about 30%."

“Only the sales of mahogany furniture of our company increased by 30% in the second half of this year compared with the first half of the year. The best sales are Sian rosewood and Daguo rosewood.” China-ASEAN (Bingxiang) President of the Redwood Culture Chamber of Commerce Huang Wenkai, chairman of Xiangyue Shenghongmu Co., Ltd. said that the comprehensive price index of China's rosewood imports has indeed increased, because raw materials have risen in price, but the market sentiment index is also picking up. "Our company's stores, when the daily sales are good, can Achieve dozens of mahogany furniture, customers from all over the country."

Huang Wenkai said that the factories of all the mahogany furniture companies in Pingxiang City are now 100% open, and there is no bankruptcy. Only when the market was relatively deserted, some manufacturers temporarily closed their doors and waited for the market to pick up and then come back to resell. "Now the sales of mahogany are better. In the first city of Redwood, all the facades have been rented, and many bosses come to ask if there is any Rental shop".

It is understood that some sellers have seen the price of the price of the red rosewood home, and they are hoarding furniture or raw materials to wait for the price increase. Some companies have hoarded dozens of tons of mahogany raw materials early, and responded to the tightening of redwood raw materials export policies in some Southeast Asian countries.

Che Chang analysis believes that the development trend of China's rosewood industry is: the tightening of raw material trade policy, the consolidation of transaction costs; the increase of production costs, the continuous transfer of industries, the increasing demand for various markets, the reform of the supply side of the industry to be strengthened; the large consumer population, the market prospects are still considerable . (Reporter Huang Ying)

Fabric L Shape Sofa

• The fabric L Shape Sofa features a solid wood and finished with luxurious fabric throughout.Built-in high density sponge,sitting for a long time is not tired, does not collapse, slow rebound.
• Small space configurable sectional;Fashion L-Shaped sectional design to allow for spacious seating.
• L shapesofa features:Generous armrest can be used as a headrest;Thick cushion, soft and comfortable, relieve fatigue;Full and mellow reclining comfort padded backrest and headrest;The metal feet are firm and stable, providing a strong support for the sofa
• The fabric L shape sofa with an extra wide chaise lounge for maximum comfort,a great choice for home furniture. Ultra soft and durable chaise lounge sofa improve home decoration and quality of life.
• 2 seat sofa with chaise longue,sitting and lying down are natural and relaxing; The shipment will be delivered downstairs only,without installation service

Fabric L Shape Sofa,Luxury Living Room Sofa,Fabric Material Sofa Chair,L Shaped Sofa Chaise

Kaifeng Lanwei Smart Home Co., Ltd , https://www.leather-recliner.com