Recently, an international convention has become the focus of discussion in the Dongguan mahogany furniture industry. Recently, the recently revised Convention on International Trade in Endangered Species of Wild Fauna and Flora (hereinafter referred to as "CITES") came into effect, and seven species of redwood species, including S. chinensis, were included in the Appendix to the Endangered Species Control. The reporter visited a number of mahogany furniture stores in Dongguan and found that with the limited import of mahogany raw materials, the price hikes of Dongguan mahogany furniture surged. The industry believes that Dongguan mahogany furniture will usher in the price surge in the second half of the year.
7 kinds of redwood species import and export restricted
According to the list, Sian rosewood, Central American Dalbergia, Dwarf Dalbergia, Belize Dalbergia and L. black sandalwood, as well as Brazilian black rosewood and sandalwood rosewood, 7 trees in the "Redwood National Standard" are listed Add to the Endangered Species Control Addendum. This means that these species must have an import and export permit or a certificate of re-export for international trade.
It is understood that in order to obtain CITES controlled species from overseas, in addition to the license issued by the overseas CITES management agency, China must obtain the import permit issued by the National Endangered Species Import and Export Management Office.
Fang Runzhong, deputy secretary-general of Dongguan Ming Furniture Club, said that the mahogany raw materials used by Dongguan furniture enterprises are basically imported mahogany. Sian rosewood and dimples are more common, and the usage is relatively more. After the entry into force of the Convention, production enterprises that use these two types of redwood species as raw materials will be greatly affected.
"At present, the customs has tightened the import of these redwood species of S. chinensis." A person in charge of a mahogany production company in Dalang told reporters that some mahogany furniture manufacturers with less raw material hoarding may face the predicament of no rice.
In addition, a marketing manager of a mahogany furniture manufacturer in Houjie is worried that other redwood species will be included in the control appendix in the future, and the amount of redwood raw materials will be less and less. It is reported that among the tree species not included in the control appendix, the raw materials commonly used in Dongguan mahogany furniture manufacturing enterprises are Burmese rosewood, hedgehog and rosewood.
Redwood furniture late market bullish
Due to the unique collection properties of mahogany furniture, and the materials used are mostly rare mahogany, the price of mahogany furniture has been on the rise in recent years. Fang Runzhong told reporters that the sales of the Chinese rosewood market last year was very good. The furniture factory purchased a large amount of redwood, and the supply of raw materials rosewood caused the furniture to “riseâ€. After the implementation of the newly revised CITES, it will further promote the price increase trend.
Recently, according to media reports, some domestic mahogany furniture stores have appeared "price surges." However, most people in the industry said that the import of redwood species is limited, and it takes time for the price of raw materials to be transmitted to mahogany furniture.
The reporter recently visited a number of mahogany furniture stores to understand the price of mahogany furniture. In the Houjie Yipin Furniture Store in Houjie Xingye Home Furnishings, a set of 2 pieces of study (a large table and a chair of 1 meter long) made of Sian rosewood (red rosewood) is placed in a very conspicuous position. The price is up to 438,000 yuan. Sales staff told reporters that with the control of redwood species, the current price of raw materials has risen to 60,000 yuan / ton, "the future will rise sharply."
The price of Burmese rosewood furniture, which has not been included in the control appendix, is relatively stable. However, the sales staff of China Life Redwood, which sells such furniture, said that if the price of other mahogany furniture rises, the price of such furniture will certainly rise.
Fang Runzhong expects that the price of mahogany furniture will usher in a wave of price increases in the second half of the year.
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