The trend of price changes of Siamese rosewood in recent years

The market has been changing and the timber market has been changing. In recent years, red rosewood furniture has become more and more popular in the furniture market, and the price of red rosewood has been changing. The following is a good example of the price change of the red rosewood in recent years .

What is the price of Siamese rosewood, which is the trend of the red rosewood

Siamese rosewood is mainly produced in Laos, Thailand, Cambodia and Vietnam. The excessive harvesting of the rosewoods in Cambodia is quite rare and rarely circulated in the market. Vietnam has only a certain amount in the south of Jialai-Kunming (a bundle of pines) and Guangnan's Yigang Province. It is very rare in other areas, so Vietnam's red rosewood production is less, most It is still the most sour rose in Laos, so everyone also calls it "Laos red rosewood."

The price change of Siamese rosewood has changed in the past few years. The price of red rosewood has changed in 1997. The red rosewood logging company with documents has purchased the red rosewood by loaning Thai currency, but the exchange rate of the old currency has risen because of the Thai currency. 10 times, a family logging company lay down the gun and went to the wood.
In 2000, DIA placed 4 cubic meters of red rosewood in the backyard of the home through the wind and rain, all of which have been moldy and long mushrooms. At this time, some people bid for up to 800 US dollars to buy, and the DIA family broke down. As a result, the Siamese rosewood industry began. recovery.
In 2002, a 60-centimeter-wide piece of the forestry department was sent out for auction, and the price was 800 dollars. As a result, the market for Siamese rosewood began to fully recover.

In 2006, Siamese rosewood soared, and the domestic sales price has reached as high as 30,000 US dollars. The Siamese rosewood industry is unprecedentedly hot.

The price change of Siamese rosewood tends to be in the future. The development trend of Siamese rosewood is moderate and the market demand is strong. At present, the price is only one-fifth of that of rosewood, and it is one-eighth of that of huanghuali wood. Therefore, the future rising space of Siamese rosewood is huge, and it will be the most worthy potential stock of mahogany furniture investment collection. Moreover, more than 80% of huanghuali wood and rosewood are in the hands of speculators, while most of the red rosewood is concentrated in the hands of mahogany manufacturers. The price of foam in mahogany furniture is very small.

Huanghuali mahogany furniture rose 100 times in 16 years. According to bold estimates, at the current speed, after 10 years, the price of Siamese rosewood is likely to catch up with the lobular rosewood and huanghuali wood. The reasonable rising space should be no less than 30 times. .

Source: GO Jiaju

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