The mahogany furniture market is not calm due to a paper convention. The new additions to Appendix II of the Convention on International Trade in Endangered Species of Wild Fauna and Flora have entered into force this month and are listed in the appendix of the Convention, including the seven redwood species such as Dalbergia chinensis, Diphong Dalbergia, and L. black Dalbergia. Subject to license control.
Mahogany furniture
In recent days, the furniture of mahogany trees that have been subject to import and export control has been raised. Although the prices of other mahogany tree furniture have not risen significantly, mahogany merchants believe that there will be a general increase in raw materials and finished products in the second half of the year. Local rosewood producers and raw material suppliers have begun to seize the supply and hoard mahogany raw materials.
The number of redwoods listed on the endangered list has increased to seven
The Convention on International Trade in Endangered Species of Wild Fauna and Flora is also known as the CITES Convention. The species in the appendix must have an import and export permit for international trade. In March of this year, the 16th Conference of the States Parties announced a revised list of new amendments, which was officially implemented in June. In addition to retaining the original sandalwood rosewood (lobi rosewood) in the appendix, it also adds Sian rosewood and Central American Dalbergia, Dipod Dalbergia, Belize Dalbergia and Lushi Black Dalbergia, etc., which will be restricted in the future. transaction.
Cao Yimin, secretary general of the Dongyang City Redwood Furniture Industry Association, said that mainly because of the disorderly excessive harvesting methods of some raw materials, the current high-end mahogany is becoming less and less. “A rosewood grows at least one or two hundred years, and now some raw materials are Private interests, regardless of the size of the trees, will inevitably destroy the growth balance of the entire tree species resources. Currently, the main countries of origin of these redwood species, Thailand, Cambodia and some Central American countries, propose protection, and their export control is becoming more stringent.
These redwood species are the main raw materials for medium and high-end mahogany furniture, especially for Sian rosewood.
“Dalbergia, Dalbergia, Dalbergia and L. rosewood are the common raw materials for mahogany furniture. Central American Dalbergia and Belize Dalbergia are relatively rare in the Zhejiang market.†Redwood Furniture Dealers in the Oriental Furniture Market阮Ms. said that Sian rosewood is the most popular among consumers and belongs to medium and high-end mahogany furniture.
Redwood raw materials began to grab goods
After the announcement of the CITES appendix in March this year, the mahogany raw material suppliers began to rush to the country. “When listed on the endangered list, it means that the import and export of timber will be very restricted.†Cao Yimin said that from the feedback of many mahogany furniture manufacturers, the price of raw materials for rosewood has generally increased by 20% to 30%.
With the rise in raw material prices, the mahogany furniture market has also begun to fluctuate. “Year Red†adjusted the price of Sian rosewood products by 15% at the end of last month; “Youlian Redwood†said that there are still a large number of stocks, and given the market reaction, there will be no price adjustment, but there will be changes in the second half.
Cao Yimin analyzed that it is not the first time that redwood species have been classified as rare resources for protection. Previously, sandalwood rosewood was listed as a precedent for the CITES appendix. Due to limited transactions and a serious shortage of supply, the price of one ton of sandalwood rosewood has risen from more than 200,000 yuan eight years ago to a maximum of 3 million yuan. The price of sandalwood rosewood furniture has naturally risen.
"At present, the price of Dalbergia rosewood has increased by 30% compared with the end of last year, and the increase of Dwarf Dalbergia is also 15%-30%. Especially the Sian rosewood, the purchase price has been rising." Mr. Yuan, the investment investor of Redwood, said Good redwood raw materials need to grow for hundreds of years, and have a certain collection value. The market may be filled with subscription sentiment, and it is impossible to rule out the suspicion that there will be hot money entering the market.
Cao Yimin said that after the restrictions on the export of various redwoods, the supply of redwoods is bound to decrease, while the red iron beans and red sandalwood, the saber and the Brazilian rosewood, the windmill wood and the ebony are very similar. Consumers should be vigilant and beware of bad business shoddy. When consumers purchase mahogany furniture, it is best to ask the merchant to mark the scientific name (ie, Dalbergia, Dalbergia, etc.), or write the scientific name of the wood on the purchase contract as the basis for rights protection.
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