Rosewood furniture market known as the "leading stocks," the leaflet Rosewood raw materials from the beginning of 2006 up to 150,000 yuan a ton in September 2007 to 750,000 yuan per ton, and increased other types of raw materials Redwood market prices climbed. After last November before and after the Spring Festival, in particular, lobular Rosewood substantially diving, the last three-month period, down nearly 50 percent. Yesterday, the Shanghai lobular red sandalwood logs vendors offer only 420,000 yuan per ton.

Rosewood crazy prices lobular

Lobular Rosewood produced in India, and Hainan pear, what they can take 500 years, two wood furniture market was regarded as the top of the traditional raw materials.

Lobular Rosewood in early 2006 to enter the Chinese market, the price of 150,000 yuan per ton. Early 2007, and 200,000 yuan per ton rose to September soared to 750,000 yuan. Good time, in November, lobular Rosewood prices dropped sharply to yesterday, the Shanghai area lobular Rosewood supplier of raw materials for the best offer for 420,000 yuan, and some of the smaller logs Price only about 20 million.

As a result, Beijing and Guangzhou from the vicinity of mahogany furniture market came news that the entire mahogany furniture market price of finished furniture than two months ago, down 20 percent.

Certainly decline after bullish

Yesterday, this reporter visited the Redwood City furniture market, found no traces of lobular red sandalwood furniture.

Chongqing Purple Redwood Furniture Co. Yuanxiaojie Beijing, Chongqing mahogany furniture because rarely set foot in the market for high-end products, prices fell by lobular Rosewood little impact. She concluded that, "lobular Rosewood raw materials are scarce, Jian bubble, the price will definitely rebound."

Lobular Rosewood why high platform diving? Analysis of the trade, some speculators believe that lobular Rosewood serious shortage of resources, they have vied timber hoarding, price Chaogao, then another rumor that a relaxation of India origin customs procedures, thousands of tons will be tariff-free logs into the domestic market. lead businesses to sell cheap prices caused sharp fluctuations in the market.

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