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In recent months, Burmese rosewood (scientific name Dalbergia rosea), which has not been favored in the past , has taken over the scarlet rosewood (scientific name Dalbergia sibiricum), becoming the leader of a new round of rosewood price increases, and is expected to become the new mainstream of the furniture market.
In June last year, five species of mahogany, including red rosewood, were included in the Convention on International Trade in Endangered Species of Wild Fauna and Flora. Increasing scarcity of tree species and strict export control of raw material-producing countries have caused rosewood to climb all the way.
"After the red rosewood, Burmese rosewood has appreciated rapidly in recent times and should be a new substitute for furniture." It is known from the population of many redwood companies that the price of Burmese rosewood has doubled since October last year . Taking the Burmese rosewood caliber of 30-40 cm as an example, the price was 12,000 yuan per ton last summer, and it has risen to 28,000 yuan per ton.
It is understood that in the previous round of red rosewood price hikes, this wood is increasingly scarce, and it has gradually become a high-end customer investment and collectibles, unable to supply huge market demand. The operators of mahogany furniture began to retreat, looking for new alternative wood. Among ordinary rosewood, the one with the greatest appreciation potential is undoubtedly Burmese rosewood. In addition, the Myanmar government recently announced an export policy, and the country will stop exporting logs from April 1, 2014, which has caused a wave of outsourcing buying, which has become another major factor that has spurred the price increase of Burmese rosewood.
Chen Xin, who runs Datang Caohuali Furniture Exhibition Hall on Xianbang Road, is one of the earliest Burmese Huali dealers in our county. He recalled that two years ago, due to the lack of market attention, the counties operating Burmese rosewood were numbered. Recently, as this wood has become the new darling of the market, many merchants operating other mahogany woods have switched to the Burmese rosewood business. Including the intervention of many large enterprises, the exquisite craftsmanship has also contributed to the launch of many fine products.
Chen Sisi said that the middle-end consumers, who account for the majority of consumer groups, have gradually become the main body of Burmese rosewood furniture. The furniture made by Burmese rosewood does not worry about white edges, patchwork, and the texture is gorgeous with a touch of woody fragrance. Moreover, a set of neutral Burmese rosewood furniture on the market is priced at around 100,000, and the price has also attracted many young post-80s consumer groups. Now that the Spring Festival is approaching, the inventory in the store is in short supply.
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