Last year, driven by the continuous rise in wages and prices of various timbers, the price of solid wood furniture, which takes wood as the main raw material, also kept climbing. Though its price increase was far lower than the more than 80% rise of high-end rosewoods such as Dalbergia odorifera, sandalwood and Dalbergia cochinchinensis, most of its price increases were still over 20%. However, with the continuous deepening of property market regulation and the intensifying weakness in practical and investment demand, the price trend of solid wood furniture this year is quite delicate.
Last year, driven by the continuous rise in wages and prices of various timbers, the price of solid wood furniture, which takes wood as the main raw material, also kept climbing. Though its price increase was far lower than the more than 80% rise of high-end rosewoods such as Dalbergia odorifera, sandalwood and Dalbergia cochinchinensis, most of its price increases were still over 20%. However, with the continuous deepening of property market regulation and the intensifying weakness in practical and investment demand, the price trend of solid wood furniture this year is quite delicate.