Redwood market shuffle in the high-end mahogany wardrobe continues to add value

[ Chinese wardrobe network ] Recently, according to the National Redwood Products Market Prosperity Index (HMPI) in July, the July index was 87.4, down 7.1 percentage points from the previous month, falling for three consecutive months. In this regard, industry insiders analyzed that the weakness of the industry can “squeeze out” small workshops, small brands and other bubbles. After shuffling, the mahogany market, including high-end mahogany wardrobes , will be more competitive.

Redwood market shuffle in the high-end mahogany wardrobe continues to add value

The rosewood boom index fell for three consecutive months

According to the analysis of the Chinese Redwood Committee, in August, the market's “off-season” atmosphere was the strongest, and the trading of mahogany products was once again bottomed out. The prices of the main redwoods in the market are now declining, such as the large-flowered red sandalwood (commonly known as Burmese rosewood) and the sassafras. Branches, A. arborescens (commonly known as white rosewood), etc., thus lowering the national redwood products market sentiment index (HMPI); in the national mahogany product prosperity index in August, the market sentiment index was flat last month, the market is still in The state of wait and see; in the national redwood product prosperity index, the purchasing power index continues to go low.

Redwood market faces a new round of shuffling

According to data released by the National Bureau of Statistics, China's manufacturing purchasing managers' index (PMI) was 51.7% in July, up 0.7 percentage points from the previous month, and rebounded for five consecutive months, indicating that the economy has begun to stabilize and the market is expected to stabilize. In addition, with the arrival of the “Golden September, Silver 10” consumer season, the market trend of the mahogany wardrobe in the second half of the year released a positive signal. However, some insiders said: "The recent market of mahogany wardrobes is very cold and the performance is very polarized. On the one hand, the wardrobe products with rough workmanship and low-end materials are really not sold well. On the other hand, high-quality products The work-level collection of wardrobes is very marketable.

High-end mahogany wardrobes continue to add value

Last year, the market situation was very good, which made more young people before the age of 40 also influx and became the new main force. In many mahogany closet shops, customers who visit the mahogany wardrobes from time to time have not seen much, and the purchase of customers has not been affected by the rumors of “plunge”. At the same time, in recent years, as the market continues to improve, many emerging redwood companies have surfaced. And some companies take risks and win by price, which naturally has a certain impact on the price trend of the market. The so-called impact is only for some products, the price of many high-end products is still stable.

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