Stock full speculators sell demand to reduce the price of redwood furniture down 30%

Since the second half of 2013, the price of redwood furniture has skyrocketed, rising by 50 to 100%. But into this year, Chongqing Morning Post reporter found that mas redwood furniture heat cooling, not only mas redwood furniture prices also began to decline, demand also fell.
realwood furniture prices fell
mamwood furniture is the most important representative of traditional Chinese home, materials mainly include acid wood, ebony, pear wood, chicken wing wood and so on. Redwood growth speed is slow, raw materials are small, the price has been high, moving hundreds of thousands of yuan, or even up to millions of yuan. But since the second half of last year, the price of redwood furniture has started to fall, by 20 to 30%.
reporter yesterday came to a mamwood furniture store on Jin kai Avenue, the whole shop is relatively deserted, almost no guests. Reporters at the scene to see, a large red acid branch Rohan bed, the original price of 166,000, now discounted price of 128,000, a drop of more than 22%. And the guide told reporters, if sincerely want, about 110,000 can be traded.
, a guide, said that since the end of last year, the price of mas redwood furniture has fluctuated and has been going down. "One is that the price of raw materials has fallen, such as 15 to 30cm×2cm specification of the price of large red acid branch raw materials is now 135,000 / ton, and earlier such a specification of large red acid branch raw material prices are about 170,000.
demand to reduce prices fell
According to reporters understand that from the second half of last year, the demand for maesch furniture suddenly fell from the peak to the bottom, many people began to wait and see. "Furniture and the real estate market are closely linked, and one reason is that there are fewer gifts for redwood furniture." Ms. He said helplessly.
environment is not good, so that some speculators also began to rush to sell cash. Redwood manufacturers have sufficient inventory, so that redwood prices in the short term is unlikely to rebound.
From the China Redwood Products Market Sentiment Index released by the China Redwood Commission, the index has been falling since May 2014, despite a slight correction in September and December, when the index was 82.5, down 0.9 percentage points month-on-month. In January this year, the market mainstream redwood products prices such as large fruit eucalyptus (Burmese pears), cross-toed yellow sandalwood (big red acid branch) and other large decline, up to about 20%.