Market: Mahogany sales ushered in the "May 1 small peak"
"Before the Spring Festival, May Day, and National Day, these are the three most obvious sales seasons in the mahogany furniture market in recent years." May 4th, Mr. Lu, the head of a mahogany furniture store in a large home building materials square, introduced Wuyi. During the holidays, the store's sales amount reached nearly 10 million yuan, "just 3 days, equivalent to the total sales amount from March to April."
Mr. Lu revealed that most of the buyers who come to buy mahogany furniture are mainly families. They usually choose sofas, wardrobes, desks and other complete sets of furniture. A single consumption of several hundred thousand yuan is very common. Because in the newly revised international protection convention in June last year, the scarlet rosewood was listed as an endangered variety, and its prices began to skyrocket. At present, the market price of Dahong rosewood furniture is already quite high. The consumption choices of ordinary households are more concentrated on chicken wing wood, rosewood and other varieties.
During the May Day, at the Guangxi Housing Fair held in Nanning International Convention and Exhibition Center, several brands of mahogany furniture manufacturers also came to the exhibition in its home improvement and building materials exhibition area. According to their feedback, the on-site booking situation is very good. After optimistic about the booth, many customers went straight to the store to place orders and the enthusiasm for purchase was very high.
Li Xiaoming, vice chairman of Dongxing Redwood Industry Association, also introduced that during May 1st, it is also the peak time for foreign customers to concentrate on local purchase of redwood furniture. In addition to Nanning, Guilin and other regional customers, the number of customers from northern cities in China is also quite large.
Visits: Bullish prices drive collection investment boom
In recent years, with the rising price of mahogany raw materials, the value of mahogany furniture has also soared along with it. Many rare mahogany varieties even have an amazing market that doubles every year. Driven by this, the investment value of mahogany furniture is increasingly recognized by the public. In the interview, many people who bought mahogany furniture said that "the long-term bullish price is the reason for the purchase."
"When you buy mahogany furniture, it will be too expensive, but if you don't buy it, you will inevitably regret it later." Mr. Zhu in Nanning purchased a pair of mahogany top cabinets at a price of several hundred thousand yuan during May Day. As to whether the price is appropriate, Mr. Zhu is calm. He has been buying rosewood furniture since 2009. He feels that the price of rosewood furniture is increasing every year. In some economically depressed years, the most unsalable sales are, but the price is still the same. Strong, so he also felt that he would regret it if he didn't buy it.
"In general, the price of mahogany raw materials has fluctuated from 2008 to 2009, and has continued to rise since then." A person from the Guangxi Mahogany Furniture Association revealed that the price increase of mahogany furniture is determined by many factors The price of raw materials is the primary factor. Since the beginning of this year, the price of rosewood logs has risen by about 50%, while the price of finished rosewood furniture has risen by more than 70%. The market expects that the price of rosewood raw materials will increase, and the number of people buying rosewood furniture will increase significantly.
Mr. Lin, a senior mahogany furniture collector, believes that the reason why the price of mahogany furniture is bullish all the way is mainly because there are a large number of people in the market who want to make a profit. This part of people thinks that buying mahogany furniture is like buying gold, financial products, and stocks. The investment channel has supported the confidence of rosewood furniture prices to a certain extent.
Embarrassment: Many investors have difficulty in realizing
Since prices have been rising year after year, have investors really benefited from it? During the interview, many redwood investors said that "the gap between ideal and reality is not small." Once the money is urgently needed to realize, mahogany furniture is the most unreliable. "reinforcement". Moreover, the embarrassment does not stop there. Even if it is a fluke, it often fails to make money.
Mr. Wang, a citizen, said that he bought a pair of antique rosewood bookcases at a price of 40,000 yuan in a Guangzhou cultural relics store in 2010. At the end of last year, Mr. Wang asked a friend to learn that the same bookcase had already been priced at 100,000 yuan, so he planned to take the bookcase off and sell it at a “discounted price†of 80,000 yuan to find buyers everywhere, but it could not be sold until now. Many people come to my house to see things, but they are either too expensive or do n’t like the style. "
Taking into account the limited economic capacity of ordinary people, Mr. Wang also asked people to find a person who is engaged in the business of mahogany furniture, but the price given by the other party is also very low. "There is a furniture store owner who is only willing to pay 45,000 yuan for acquisition. The other party said that the price of general market sales has often predicted the room for price increases in the next 2 to 3 years. "
Ms. Li in Nanning also reported that when she bought furniture at a branded mahogany furniture store in October last year, the store owner said: "If you don't want it in the future, you can also sell it back to us. We provide premium repurchase services." In March of this year, Ms. Li wanted to sell this set of furniture in an emergency, and found the shop owner, hoping to sell it back at the original price, but the other party was only willing to repurchase at a 30% discount, on the grounds of "handling, depreciation, and possible quality. Problems will incur costs. "
The reporter visited and found that most of the mahogany furniture stores currently do not provide repurchase services, and a few said that they can repurchase according to the situation, but they are only oral promises, and there is no contract guarantee. Industry insiders pointed out that mahogany furniture stores often have their own processing plants. Due to the large price increase of mahogany raw materials in recent years, many processing plants have also hoarded a large amount of raw materials early. It is conceivable that merchants said that repurchase or even premium repurchase is more of a sales gimmick.
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