Wuhan now has 51.8 million tons of mahogany furniture

On December 16th, a top redwood art exhibition opened in Wuhan Ouyada Xudong Store. At the scene, a mahogany furniture called “1500 years of finished materials” was listed at a price of 51.8 million yuan, attracting many visitors from the three towns of Wuhan. Winter is the off-season of furniture sales, but the price of mahogany furniture has soared against the market, setting a new high after the surge in 2007. The industry analysts believe that the price of mahogany furniture soared in the off-season, can not rule out the business speculation factors. Remind the public to invest in mahogany furniture can not blindly follow the trend, because the price of mahogany furniture is very high, there is a phenomenon of counterfeiting, while businesses are taking turns to speculate, investment risks are also increasing.

Sky-high price mahogany furniture

This first-time high-priced mahogany in the Han show, named "Ming-style plain noodle top cabinet", the value of a single item is 51.8 million yuan, refreshing the record of more than 30 million yuan of mahogany furniture in the Wuhan market at the beginning of this year. It is reported that the sky-top box is only for sale.

Why does the "high price" come from? The person in charge of the mahogany furniture brand from Shanghai explained that “the Vietnamese huanghuali raw materials used in the top cabinets are superior and extremely rare. After 1500 years or so, the price of the top box materials is as high as 30 million/ Tons, and this set of furniture uses 1.5 tons of raw materials. In addition, the furniture workmanship is extremely particular, and it takes more than a dozen craftsmen to build it for more than three months. It is the best in imitation mahogany furniture."

In addition, a 4 square meter Qianqian Baibu bed has also attracted frequent public photos due to its exquisite carved hollow pattern. This bedside made of Sian rosewood is engraved with 22 patterns that symbolize good luck, which is not a small one. The exhibit is priced at 3.6 million yuan.

Redwood prices have recently "flyed up" like rockets

Behind the high-priced mahogany furniture, the price of redwood has soared in recent years like a rocket launch.

Mr. Bao, the head of a mahogany furniture brand, told reporters that he had invested in rosewood for ten years. At the time of entering the market, the price of Vietnamese huanghuali was around 80,000 yuan/ton. In 2007, the market began to be enthusiastic and rose to more than 400,000 yuan/ton. I thought the market had reached its peak, and I did not expect it to rise to more than 2 million yuan in 2010. /Ton. At present, the market price of Vietnamese huanghuali has reached more than 3 million yuan / ton. The price of Vietnamese huanghuali alone has increased by nearly 40 times in 10 years. "The main reason is that this kind of wood is too rare." Mr. Bao said that the market's enthusiasm for investment in Huanghua Pear is too high, leading to soaring prices.

In addition, labor costs in mahogany furniture are also a significant expense.

Since the mahogany furniture is all made by traditional techniques, the craftsman who knows the craft becomes the "fragrant". The salary of a lacquer technician is generally 500 yuan / day, and the salary of the carving technician is higher, far exceeding the income of ordinary white-collar workers. In addition, working 8 hours a day, if you are in a bad mood, you don't have to go to work. “The wood is too precious, and the master must be calm when working. If you are in a bad mood, it is easy to damage or waste the raw materials.”

"Now the second-grade products introduced by some manufacturers are to save the labor costs and save the traditional process of raw paint," said Mr. Bao.

The price of speculators crazy mahogany rose 40% this year

What caused the price of mahogany furniture to rise against the market? The main reason for the analysis in the industry is that more and more investors have entered the ranks of investment and speculation of mahogany furniture. In addition, due to the limited export of Vietnamese timber to China, and several other timber importing sites such as Laos and Myanmar, most of its logistics has entered China through Vietnam, which has kept raw material prices rising.

From the end of last year to the present, in just one year, the price of some redwood raw materials has increased by 40%. Take Sian rosewood as an example, from 70,000 to 80,000 yuan / ton to about 110,000 yuan / ton, an increase of more than 40%, the leading varieties of this round of rosewood prices. The price of rosewood and so on has also increased by nearly 30%.

The reporter learned that there are many collectors who collect and invest in mahogany furniture in Wuhan. At the beginning of this year, a set of mahogany furniture of more than 30 million yuan appeared in Wuhan. In August, a giant mahogany sculpture appeared in the Wuhan antiques market... Ye Lixin, president of the Redwood Committee of the Wuhan Collectors Association, said that because of the artistic and Practicality and large value-added space are becoming a new area of ​​public investment. The entry threshold for Hongmu investment is very large. As low as tens of thousands of yuan, you can buy a piece of mahogany furniture, investing millions and tens of millions of collectors. Mr. Huang, the person in charge of a mahogany furniture brand from Fujian, experienced the enthusiasm of the citizens of Wuhan. Less than an hour after the exhibition began, the public has purchased more than 100,000 yuan of mahogany furniture, and the public is interested in buying and is negotiating.

Ye Lixin said that it is best for the public to purchase mahogany furniture, please contact the senior experts or appraisers of mahogany. The service charge is generally 2,000 yuan per piece of mahogany furniture. Regrettably, there are only three authoritative authorities in the country that can identify the rosewood categories in Beijing, Shanghai and Nanjing. Wuhan is not listed, and the results of other departments are not protected by law.

Realizing hard to invest in rosewood can not blindly follow the trend

In recent years, the housing market has been restricted, and the stock market has been sluggish. Many investors are looking for new investment channels. Many people have turned their attention to the redwoods with increasingly scarce resources, but the investment in mahogany furniture cannot blindly follow suit.

Ye Lixin said that citizens who invest in mahogany furniture should have a high appreciation and recognition ability for mahogany. In addition, mahogany is easy to get started, so we must carefully consider the problem of monetizing channels. "There are many redwood furniture in the hands of Tibetans who have appreciated a lot, but it is not easy to find a market. In the end, someone will use it for themselves."

From August 1 this year, the "General Technical Conditions for Redwood Furniture GB28010-2011" (hereinafter referred to as "New National Standard") was officially implemented. However, the new national standard still has a half-year promotion period, which has not yet been fully implemented in the market. Mr. Huang, the person in charge of the mahogany furniture brand, told the reporter that after the implementation of the new national standard, a unified product instruction manual, quality express card, certificate, etc. will be formulated, which can regulate the mahogany furniture market with frequent adulteration problems, which is a favorable policy for regular manufacturers. At the same time, it is also beneficial for consumers to use these certificates to purchase with confidence and effectively defend their rights.

However, some merchants pointed out that the new national standard pays little attention to the craft. "The consumption of mahogany furniture is not limited to material theory." Three-point material, seven-point work", if the work comes from the hands of the master, the value of the craft is far beyond the material itself. ”

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