On the morning of January 1, the largest mahogany furniture store in Xiamen, Da Ketang, was officially unveiled at Dongping Culture and Antique City. Although the current economic downturn, the industry is still optimistic about the long-term investment in mahogany furniture. Royal Chair,Royal Chair Sofa,Leather Chaise Sofa,Chaise Lounge Armchair Kaifeng Lanwei Smart Home Co., Ltd , https://www.sofa-recliner.com
The reporter saw at the scene that the large-scale mahogany furniture store in Da Ke Tang can be described as huge, with an area of ​​1700 square meters. An insider feels that this is the largest mahogany furniture store in Xiamen.
In the economic downturn, the property market is sluggish, and some mahogany furniture stores have been bravely supported, Da Ketang still enters Xiamen to open branches, isn't it worried about encountering Waterloo? In this regard, Zheng Guocan, general manager of Fujian Daoketang Classical Furniture Co., Ltd. said that there has been no such concern.
“In 2008, the price of mahogany raw materials experienced a sharp drop, with an average decline of more than 50%, but it only lasted for half a year.†Zheng Guocan said that although the mahogany furniture is not easy to sell, the price of high-end mahogany raw materials has not been seen. In the case of Laos red rosewood (Dalbergia chinensis), the price of raw materials with a diameter of 20 cm and a length of 2 m or more is still maintained at 150,000 to 200,000 yuan/ton.
Mr. Li, an industry insider, said that consumers feel that the current price of mahogany furniture has fallen. There are two main possibilities: First, these so-called “redwood furniture†are shoddy by merchants, and second, merchants “high price and low discountâ€. The real situation is that the price of mahogany furniture above the level of red rosewood in Laos is still firm.
“Previously, some media reported that Zhejiang’s hot money had withdrawn from Laos’ red rosewood raw materials, causing its price to plummet, but this is not the case.†Mr. Li said that most of the most concentrated control personnel of Laos’ red rosewood are concentrated in Putian. Xianyou, but these people are not selling at present, but continue to stock up.