Because the city has a priceless pear, lobular red sandalwood scarcity, making red wood has become a hot investment, but Qihuo hoard poly cost is what makes Rosewood price bubble burst, but there are still many consumers know the truth expensive to buy Red rosewood, GO Jiaju Xiaobian here to remind everyone, the red rosewood price bubble burst, the purchase needs to be rational.
The cause of the bursting of the red rosewood price bubble
The price of red rosewood is bubbled, so the day when the bubble will always burst. Now that the country's economic environment is in a bad situation and the social funds are tightening, many of the private lenders can't afford the financial pressure. They can only sell the hoarding raw materials at a large price. At the same time, the furniture sales also immediately adjusted the price of Laos red rosewood furniture, from the original 679 yuan / kg, adjusted to the current price of only 599 yuan / kg, straight down 80 yuan / kg! Under multiple pressures, the price bubble will surely burst.
Red rosewood price bubble bursts back to rationality
Laos red rosewood is very good in wood quality, high in oil content, beautiful in texture and high in hardness. It is a good wood for making mahogany furniture. Therefore, it is normal to have a certain price increase every year, but the key cannot be exceeded. The scope of reason, otherwise there will be bubbles. Laos red rosewood has basically no one to buy this year. After the price bubble bursts, it should be a sorrow. From the end of 2007 to the beginning of 2008, the entire industry was struggling on the death line during that time. Of course, the price decline is not completely bad, and the fall in prices also indicates that the market is returning to rationality.
The stability of the red rosewood price bubble burst can last long
In fact, any company that does real things does not want the market to skyrocket, which will cause instability in the whole system, unstable employees, unstable production, and unstable sales, which will make it difficult for the company to stand. Enterprises that truly make Chinese furniture want to see the market return to rationality, and the price and quality return to rationality, so as to promote the healthy and sustainable development of the entire industry chain.
Source: GO Jiaju
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