Raw materials prices: some raw materials fell by 20-30 per cent
Why did the redwood market, which used to be hot, get hit by waterloos during the best sales season of the year? Journalists investigated this。
“the overall economic environment, as well as the decomposition of the real estate market, are the main causes of the decline in sales in the marginal mangrove market.” there is a strong anti-corruption policy in place, with a much lower gift of mangroves, while the coldness of the real estate market directly affects the sale of mangrove furniture。
According to a number of redwood furniture distributors at changurai and the southern mountain mandarin market, the price of some logs has decreased by 20-30 per cent since the second half of the year。
Journalists have learned that since the second half of this year, many hoarders have been unable to withstand financial pressures and have been forced to sell their stocks of raw materials at substantially reduced prices. At the same time, imports of mangrove raw materials in south-east asia were reduced in the second half of the year and domestic prices declined。
Data indicate that the national market for mangrove products continued to tighten in november. The ring ratio of production of major products by enterprises continued to decline this month, with the overall price of the market for mangrove products falling again. According to lee young-jin, a specialist consultant to the guangxi association for mangwood furniture, the market did not have any possibility of turning around at the end of the year。
Price of finished goods: prices of most finished furniture are strong
During the visit, journalists found a strange phenomenon that, despite the decline in some of the raw materials of mangroves, most of the finished products were still priced well and the prices of merchants did not rise, but very little fell and prices remained strong。
"the price of most of our redwood furniture has not changed." a salesman at the changnanshan mangwood market told journalists that, despite the fall in the prices of some raw materials, the prices of finished products had not been adjusted and that only individual furniture could be given some concessions。
"there are only a few of us in pearwood that have a certain discount." ms. Leung, a manager of the mangwood furniture factory, said that, for example, the price of an 1. 8-metre-long large fruit sorghum at the beginning of the year was 30,000, which could now be $23,000 less. “the price of other furniture has not changed.”
“what is the price of all our mangroves and handicrafts at the beginning of this year, and what is the price now, and the sales will not be reduced.” according to the head of a shop in changbao, despite the fact that sales are now declining with significant environmental impacts, there is still demand in the mangrove market, and many of the wood is increasingly scarce, preferring to hoard rather than lower prices。
The journalists ' interviews revealed that, apart from the fall in the price of some of the maggot furniture, most of the redwood handicrafts and furniture remained strong. High-end mangrove species, such as thorium, small leaves, and pear, are even higher than at the beginning of the year。
Why is this weird thing happening? Small changes in the prices of raw materials for high-end wood species, combined with higher domestic labour costs, have not reduced overall costs, leading to the emergence of a market for redwood furniture, especially for high-end redwood furniture。
