Raw material prices soared, rosewood furniture worth rising

Recently, the news about the price increase of raw materials in the rosewood market has been raging. Just as we are still feeling that Huanghuali is hard to find, the 17th Conference of the States Parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES COP17), which was concluded in Johannesburg, South Africa, is regarded by the industry as the decision of the rosewood industry. The entire mahogany furniture market has had a major impact.

It is reported that all Dalbergia plants have been listed as endangered. In addition, the CITES ASEAN Expert Group also submitted the endangered fruit of the large fruit rosewood (Burma rosewood) and the bird foot rosewood (Lao rosewood), A. sinensis (white rosewood) and Bali red sandalwood (red rosewood, squid). Proposal for Appendix II of the species. Upgrade the control level of Siamese rosewood (Sian rosewood) from Mark 5 in Appendix 2 to Mark 4, extending the scope of control from logs, sawn timber and plywood to furniture and components. This means that strict trade regulations will basically block the passage of their legal trade. All the rosewood and fragrant wood in China's redwood national standard will enter international control, and all other Dalbergia species will be timber. This will be the case. This incident directly affected the supply of raw materials for redwood and became an important factor in its price increase. According to industry sources, the current price increase of raw materials for mahogany has been forced to hit the market in 2013.

The rosewood raw materials have risen so rapidly, and the price of mahogany furniture will rise so high. There are also many opinions in the industry. There is a lot of confidence in the mahogany market. Some insiders said that the increasingly scarce mahogany raw materials make the price of rosewood market rise and then rise, and the real recovery of the mahogany market is just around the corner. Jiali