Yuan Henry Yang Bo: Mahogany furniture is a veritable Chinese "creation"

Yang Bo, Chairman of Beijing Yuan Henry Hardwood Furniture Co., Ltd.

The appreciation space of old furniture is obvious to all, so what is the current price trend of new mahogany furniture?


Yang Bo: On May 21st, China's Guardian 2011 Spring Auction held a high price of 32.2 million yuan in the Ming Dynasty, Huanghuali, and the horseshoe foot Luohan bed. I love to collect old furniture and display many old furniture in the collection room. In particular, Hainan Huanghuali old furniture is more intimate, a set of 12 huanghuali screens have been tens of millions at the beginning of the purchase, and now the value must be higher; a huanghuali ring chair, looks simple, Very stable, thick materials, ancient "sit on the river", meaning that the seat should be stable, these old furniture with a strong traditional culture, from the instrument type can be seen the status of the owner.


Xianghe Furniture City official website recommended search reading: mahogany furniture Yuan Henry hardwood furniture


At the beginning of 2011, mahogany furniture was hot and popular, not only in demand, but also in purchasing power. In March of this year, I predicted the trend of the mahogany market this year. It was said that it would increase by about 30% before May. After May 20, there will be a rise of about 15-20%. As for the second half of the year, How much will rise, there will be a specific number after the eleventh.


Compared with previous years, what is the status of the mahogany market this year?


Yang Bo: The sales of mahogany furniture this year can be said to be very hot. After the combination of the soaring in 2007 and the financial crisis in 2008, the market has gradually calmed down, the manufacturers of redwoods are also adjusting, and consumers are beginning to calm down and learn. Redwood knowledge, to assess which furniture not only has the function of use and appreciation value, the understanding of furniture is further, and consumption is also rationalized consumption. Most of the friends who go to the store to buy mahogany furniture now have a certain understanding of mahogany, and there are very few people who don’t understand. Redwood manufacturers are recognizing that the overall level of the consumer group is improving. In the process of making furniture, only by improving the quality of their products, will they not be eliminated by the market, and they can further win the favor of consumers.


When people enter the mahogany furniture exhibition hall to ask about the price, they will listen to the sales staff and mention that the raw materials are getting more and more expensive. Yuan Henry is one of the best companies in the industry. As the price of raw materials rises, mahogany furniture will rise. What is your opinion?


Yang Bo: It should be said that all raw materials have room for appreciation. At present, raw materials have risen by 100-150% compared with the previous year, and furniture products have only increased by 30% since the beginning of this year, and will rise, so to May 20 After the day, it is sure to increase the price, which is between 15-20%, and at least it will reach the level of 15%. At present, the rise of raw materials is extremely inconsistent with the rise of products. Many mahogany manufacturers can hardly support it, so the rise in the price of mahogany furniture is inevitable.


But to remind the consumers and consumers, that is, do not enter the exhibition hall to ask the price, first look at what material, and then carefully observe the furniture process, evaluate the beauty of this set of furniture, and then ask the price . For example, the price of Laoshan red rosewood and Cambodian red rosewood raw materials differs by about 8,000 to 10,000. In the process of purchasing mahogany furniture, consumers must pay attention to the appearance and craft of furniture, ask about the origin of raw materials, and look at the production process. They are all key factors in determining the value of mahogany furniture.


Regarding the future trend of raw materials, we take red rosewood as an example. In the next few years, in the absence of hot money, according to the comprehensive demand of social demand, people’s purchasing power, and workers’ wages, there will be at least 30% upside, this is still conservative.


There is a rumor that a large amount of hot money has entered the hype red rosewood raw material some time ago. Next, it will be hyped as red sandalwood. As one of the royal materials, the red sandalwood, as people pay more and more attention to traditional culture, how much space does it have to rise?

Yang Bo: The suspicion of hype, I am not very recognized. Every two to two months, we often go to the country of origin of the wood, there is demand in the market, then these rare hardwood prices will inevitably rise. Secondly, there are many kinds of red rosewood, and there are many places to produce. If someone wants to monopolize it, it is impossible, so don't worry about this problem.

As for the argument that some people want to speculate on red sandalwood, it can be analyzed in this way. Over the years, the price trend of red sandalwood raw materials has always been high and low. When there is no goods, the price will rise immediately, and when there is material, the price will fall and make consumption. There is almost no confidence in the trend of red sandalwood, but it can't be said that there is no room for appreciation. In fact, the diamonds of the dynasty are one of the special woods used by the royal family. The value of the sandalwood itself should be very expensive. At present, the ordinary rosewood material is 800,000. Tons, lower than the price of Vietnamese huanghuali, I feel very sorry.


Chinese mahogany classical furniture contains too many traditional cultures and symbols in both styling and crafts. With the return of traditional cultural awareness, people gradually realize that mahogany furniture should be a veritable Chinese “creation” in the home industry. It is original, and the others can only be said to be made in China.

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