Industry experts believe that the mangrove market will not change significantly this year. Figure/cfp
The price of redwood raw materials and redwood furniture was “dubly reduced”, according to industry sources, and the market stabilized in the second half of the year
In march, the market for redwood furniture was still open. In the relatively cold market, the sound of a “low price for redwood furniture” continues to be heard. News workers from the new kyoto newspaper visited the market and found that the price of mangrove furniture had indeed fallen in comparison to the same period last year. Industry has indicated that the mangrove market will maintain a more stable trend in 2015, with a rebound in the second half of the year。
It's a low price for redwood furniture
According to the tradition, redwood companies like to start work after the new year's eve. However, in 2014, the frozen mangrove market received widespread attention in the first year. In recent days, media reports have reported a drop in the market prices for mangrove furniture in guangzhou and an average of around 10 per cent. In response, industry sources have revealed to ninkyo that the downward adjustment in the price of mangrove furniture is not unusual and that the gradual reduction in the demand for mangrove furniture since the second half of 2014 has determined the downward trend in the price of mangrove furniture。
On 3 march, journalists from the newspaper shinjing visited a redwood mall. The reporter of the newspaper shinjing observed that, although it had been open for one week, there were few customers in the redwood area of the mall. In a branded redwood shop, journalists saw a 36,000-dollar “triple set of red acid twig chairs” with a 56,000 sticker on the price label. The buyer explained: “the original price of the furniture was $56,000, and now the price is not very good for sale. The price of the red acid branch material was also relatively high, at more than $200,000 a ton, and has now fallen to $160,000 per ton, so the price of furniture has declined.” at the same time, he said that $28,000 would be a deal if he wanted to buy it. In another brand-shop, the price of a poignardy of large fruit and sorghum was $38,800, and the buyer indicated that the deal could be concluded at the present time at $25,000, stating: “in this period of time, the business has been bad, and the price is hardly profitable, and it means opening up”
According to industry sources, the decline in the price of furniture did not occur a year later, and a similar phenomenon began in the second half of 2014, with domestic raw materials prices falling “both” and the price of mangrove furniture。
The market for mangroves continues to be flat, as can be seen from the china red wood commission's national market weather index. According to the head of the index study, the national market for mangroves has worked with markets such as beijing and carmibou markets ltd. And reily yunnan group wood ltd. The data are derived from the specialized market for mangroves and from a dozen large producers of mangroves. As can be seen from this curve of change in the index, the index has been declining since may 2014, although in september and december there was a slight reversal, with an index value of 82. 5 per cent in january 2015, a decline of 0. 9 percentage points in the ring ratio. Moreover, the analysis suggests that in january this year, the prices of mainstream mangrove products in the market, such as large fruit aluminum (myanmar pear) and toy aluminum (big red acid branch), fell by about 20 per cent。
It won't last long
The method of production of mangrove furniture is relatively traditional compared to the whole household production industry. Before and after the annual spring festival, businesses were under pressure to return funds, repay loans and so on, during which time the price of redwood raw materials and redwood furniture generally fell slightly in order to return cash as quickly as possible. This factor also affected the “facility drop” of mangrove furniture around spring。
The secretary-general of the chinese red wood commission, mr. Cheeks, said: “the decline in the ringage index of the national market for mangrove products in january also reflects the fact that industry markets are more affected by seasonal factors. The decline in consumer demand in january, the decline in enterprise employment, and changes in the supply-demand relationship affect the pricing confidence of businesses.”
If seen in the overall direction of the mangrove market last year, the price changes of the last two months are only one of the normal “tails” of the entire market curve. “it is true that the market was colder in 2014 and that some small enterprises could only return to the cage in a reduced price if they had high liquidity pressures; there is indeed a decline in the domestic price of mangrove raw materials, which is currently about 15 per cent lower than in the first half of last year.” at the same time, yang bo stressed that the current price reduction was only a “temporary phenomenon”. He analysed the following: “the cooling of mangrove consumption has put pressure on some producers and material dealers to operate, and the price reductions are unavoidable. However, it is unlikely that the goods on the material will be sold at a reduced price; the decline in domestic material prices, which also results from the self-reducing profits of material hoarders, will not last long.”
In response, a smooth analysis indicated that the development of the domestic mangrove sector would stabilize beginning in the second half of 2014. He said: “there is currently a decline of nearly one third of the country's redwood products compared to the first half of 2014, but the market for redwood increased significantly in 2013 and is currently only retrogressive. The sharp increase in material prices in 2013 and the first half of last year, the heat in the market for redwood products, can be said to advance current market sales, and the sudden increase in small redwood businesses in the last two years, with small capacity and poor materials, with products also impacting the market. Market changes are now relatively smooth and will not change significantly this year.”
Intercom sound
The logs are in the process of adjustment
Cheong, secretary-general, china red wood commission
Each year, there will be a fall in prices at the beginning of the year, and this year there will be a relative fall back, with mangrove companies now in the process of readjustment in the off-season season, with a strong lookout and, i think, a rise in may/june. The market for the import of mangrove materials is currently relatively stable. The mangrove market will also be less volatile over the next two years。
Markets will recover in the second half of the year
Yang bo, director, henry hardwood furniture ltd., beijing won long
The current market situation is a good opportunity for large enterprises, and the price of mangrove materials has been reversed and some good materials could be considered. I do not think it is likely that the redwood market will warm up in the first half of the year, and that the market will recover in the second half of july or august。
Trends observation
China's mangrove import market is stable
The price base for mangroves is the price of mangrove materials, with china being the largest importer of mangrove materials. In an interview with a reporter in the newkyo newspaper, a number of industry sources stated that the scarcity of mangrove resources was irreversible and that the price of imported mangrove materials was currently relatively stable. According to antananarivo, china's integrated price index for mangrove imports showed a small recovery of 0. 8 per cent, with a steady trend. According to yang bo, the current domestic market prices for mangrove materials are not synchronized with those for imports, and the prices for imports of mangrove materials have been stable, which also determines that the current “down” is a temporary phenomenon。
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