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CCTV Finance: Affected by the epidemic, imports of mahogany have dropped sharply, and prices have risen by 20%

2023-04-19

According to CCTV Financial Report: The source of my country's mahogany industry mainly relies on imports. Southeast Asia and Africa are the main sources of mahogany imports in my country. The spread of the epidemic in the first half of this year has made mahogany imports a major problem. Compared with the pick-up in demand on the furniture consumer end, the mahogany raw material end is under pressure. Affected by the epidemic in the first half of this year, the international movement of people has been severely restricted, resulting in a sharp drop in the supply of mahogany raw materials that originally relied on imports. The current transactions are mainly The inventory of previous years has led to an increase in the transaction price of mahogany raw materials. Mahogany furniture is welcomed by many people because of its durability and meticulous craftsmanship. It used to take half a year to a year from the raw materials of mahogany to the final production of a set of mahogany sofas. With innovations in processes and machines, it now takes three to four months to complete.

Compared with the pick-up in demand on the furniture consumer end, the mahogany raw material end is under pressure. Affected by the epidemic in the first half of this year, the international movement of people has been severely restricted, resulting in a sharp drop in the supply of mahogany raw materials that originally relied on imports. The current transactions are mainly The inventory of previous years has led to an increase in the transaction price of mahogany raw materials.

Mahogany furniture is welcomed by many people because of its durability and meticulous craftsmanship.

It used to take half a year to a year from the raw materials of mahogany to the final production of a set of mahogany sofas.

With innovations in processes and machines, it now takes three to four months to complete.

The spot inventory of rubber wood is gradually decreasing

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CCTV Finance: Affected by the epidemic, imports of mahogany have dropped sharply, and prices have risen by 20%

2023-04-19

The spot inventory of rubber wood is gradually decreasing

According to the reporter's investigation, due to the strong recovery ability of the market, the current spot inventory of rubber wood in the domestic market is gradually decreasing, while foreign processing plants have slowed down production due to the epidemic, and there is a short-term imbalance between supply and demand again. Some operators said that if the order is made now, foreign factories will not provide it in stock. According to merchants' reports, although the overall price of Bahua flowers has dropped significantly this year, the prices of some specifications such as those with a length of more than 4m are still very firm, showing no sign of a decline. Merchants said that the supply of long-length bahuahua is very scarce in the market, which is an important reason why its price is high and hard to fall. At present, in the Guangdong market, Ba Hua is more than 4m long and 5cm thick.

2023-04-19

CCTV Finance: Affected by the epidemic, imports of mahogany have dropped sharply, and prices have risen by 20%

2023-04-19

Shanghai CaoSen Wood Co., Ltd

Caosen specializes in wood furniture, always adheres to the professional development path, relies on personnel training, adheres to the corporate values of "diligence, pragmatism, professionalism, and service", and takes "creating greater value for customers" as the guide.

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