Mahogany furniture rises again, forcing industry reshuffle
Time : 2020-10-28
Hits : 0
A few days ago, Myanmar, as one of the main exporting countries of mahogany, announced that it would stop exporting logs from next month and only allow the export of wood products. Affected by this, the prices of mahogany furniture such as dahongsuanzhi and Burmese pear have begun to rise recently. Industry insiders expect that after the implementation of the policy, the mahogany industry will usher in a wave of rising prices, facing reshuffle and the transformation of closed enterprises. Reporter Shan Yi
The market price rises again and again
Reporters visited many mahogany stores in the city yesterday and found that mahogany furniture prices have begun to rise. "Burmese Bougainvillea rose by about 30%, and Burmese pear rose by 25%." A dealer told reporters that this was related to Myanmar's decision to stop log exports from next month. At present, the main timber in the mahogany furniture market is Burmese pear. The price of raw materials about 50cm has risen to 28000 yuan / ton, compared with 17000 yuan / ton half a year ago. "In fact, since the second half of last year, the Convention on international trade in endangered species of Wild Fauna and flora came into force, limiting the import of seven kinds of rosewood, such as Dalbergia odorifera and dalbergia microphylla. Subsequently, Southeast Asia, Africa and other countries have introduced relevant laws and regulations to restrict the logging and export of mahogany raw materials, and even substantially raise tariffs. As a result, the price of mahogany raw materials has gone up all the way. "
Industry facing reshuffle transformation
"People may think that mahogany furniture companies are making more money. In fact, on the contrary, the continuous rise in the prices of raw materials has squeezed profits, raised the industry threshold, and restricted the development of some low-end antique furniture enterprises with mass production. " Mr. Lin, the person in charge of a mahogany furniture manufacturing enterprise in this city, believes that some enterprises with insufficient capital and poor technology are facing the risk of elimination, and the industry will usher in a reshuffle. Jiang Hengfu, Secretary General of the traditional furniture professional committee of China Furniture Association, said that only by improving the ability of original design, adhering to the road of "quality, specialization and differentiation", and strengthening brand building and after-sales experience, can enterprises adapt to market changes.
