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It's really up! The leading mahogany companies announced a 10% price increase across the board,

2021-05-11

Recently, in the circle of friends in the mahogany industry, there are similar notifications everywhere, telling customers directly or euphemistically: the price has increased! ! !

After the Spring Festival in 2021, several major forces of the national standard wood species of "Redwood" have continuously "daily limit":

The big fruit red sandalwood sold 20,000 to 20,000 21 tons of materials in March last year. In July last year, it was 206,000 to 20,000. By April 2021, it had risen to 36,000 to 30,000. 8!

The hedgehog red sandalwood has also risen astonishingly, rising by 60% in just two months after the Spring Festival! It has become the norm for refined cubes imported from Gambia to exceed 10,000 ton prices.

. . .

The prices of mahogany raw materials have skyrocketed, but the prices of finished products have not risen much. Many mahogany plants are miserable. Many mahogany plants have been forced to close, stop production, and switch to countless mahogany plants.

The mahogany industry has incredibly fallen into the vicious circle of "flour is more expensive than bread", and has even attracted the attention of CCTV Finance, Times Finance and other media.

In the case of inverted costs, even if it is to maintain dealers, customers, stabilize workers and factory operations, it is impossible to keep doing this.

In the words of a Hongmu factory owner: "The more I do, the more I lose, I can't hold it even if I have gold and silver mountains!"

"Flour is more expensive than bread" is not the norm after all.

On May 6, a leading enterprise in the domestic mahogany furniture industry once again issued a price adjustment notice to all distributors and direct-sale stores: raw material prices continue to rise, and production costs soar. In order to continue operations, it has decided to adjust its subsidiaries from May 29. The sales price of all series products has increased by more than 10%.

As an industry indicator, the price of finished products of leading manufacturers has been adjusted by more than 10% across the board, which undoubtedly greatly eases the bidding pressure of small and medium-sized redwood factories. Many small and medium-sized redwood mills, which have been dragged down by the rapid rise in costs and rapid decline in profits, also have some breathing room and room for price adjustments.

Objectively speaking, the price increase of mahogany furniture this time is mainly due to the sharp increase in various costs, and the furniture has to follow the increase, and it is a "recovery" rise that seriously lags behind the increase in cost - in this round of mahogany raw materials Many redwood mills suffered heavy losses during the price increase.

At the same time, the sharp increase in mahogany raw materials does not truly reflect the current situation of the near-exhaustion of mahogany production resources. It is more affected by the epidemic, global currency release, global timber shortage, and rising costs in various links, which have led to a general skyrocketing of global timber. The environment is increasing.

The depletion of the source of redwood resources will surely be reflected in the domestic market in a more intense manner in recent years.

Mahogany, because of its firm quality, beautiful grain, elegant color, fragrant taste, and moist nature, it completely conforms to the aesthetic ideals and life philosophy of "unprecious jade, pure gold, true heart" pursued by traditional Chinese culture, and is hailed as "a gentleman in wood". , Has become the most ideal material for making Chinese-style furniture.

Mahogany furniture, as the richest material carrier of Chinese traditional culture, carries the feelings and ideals of traditional Chinese literati, and the wisdom, leisure and awakening attitude towards life, so it has been widely respected and favored by the international collectors for hundreds of years.

In recent years, under the impact of all kinds of "high-end" foreign furniture, Chinese-style furniture represented by mahogany furniture has not reflected its inherent value.

With the enhancement of national cultural self-confidence and the return of traditional culture, the timeless beauty and profound interest of mahogany furniture will eventually be discovered and loved by more and more people, and it will eventually return to its "king of furniture" status. .



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