The reporter recently visited the mahogany furniture market in Bozhou City . As a result of the decline in the price of domestic mahogany raw materials at the end of last year, the mahogany furniture market has been weak since the beginning of this spring, and the transaction volume has fallen sharply. As of the recent year, the price of mahogany furniture has fallen by 20%. At present, mahogany furniture is at a lower price, which is a good time to enter the goods.
According to industry analysts, the market of rosewood materials fell before the Spring Festival this year. For example, the price of small and medium-sized materials in Laos rosewood fell by 10%-15%, and the price of lobular rosewood also fell by 10%-20%. Low-end wood species also have price cuts ranging from 10% to 15%. "This is mainly because some timber merchants are eager to withdraw funds and have to sell at a reduced price. But the good materials have not fallen. The price reduction is mainly for ordinary small and medium-sized materials." The industry said that although the price of raw materials fell at the beginning of the year, Large, but also to a certain extent hit the market confidence, so that some of the rosewood investors began to hold the currency, resulting in the redwood furniture sales market has cooled this year. Also suitable for consumption, it has recently been favored by more and more citizens.
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