In 2013, the price trend of mahogany furniture reflected a complex interplay of demand, supply, and market sentiment. The variety of antique-style mahogany furniture had expanded from over 100 traditional styles to more than 900, making it increasingly popular among collectors and consumers alike. Over the years, the value of mahogany furniture has consistently risen, driven by its perceived quality, craftsmanship, and investment potential.
In 2007, the market reached an all-time high, but the global financial crisis in 2008 caused a sharp decline. Despite this, the long-term trend remained upward, as rare and high-quality materials became harder to find. For example, a single piece of rosewood measuring 1cm thick, 200cm long, and 60cm wide could cost over 60,000 yuan in a modest timber shop. As the availability of solid, high-quality wood decreased, prices for pieces with unique patterns or superior grain increased significantly.
One timber store owner noted that old rosewood from Laos, known for its low moisture content, rich oiliness, and beautiful texture, was particularly valuable. Compared to Vietnamese rosewood, it was denser and more durable. Meanwhile, the price of Huanghuali wood, especially rare parts like the "tree head" of Vietnamese Huanghuali, had skyrocketed from over 1 million yuan a few years ago to more than 6 million today.
Industry experts and business owners generally agreed that the scarcity of raw materials, combined with increasing demand, contributed to the sustained price growth of high-end mahogany furniture. However, rumors of a sudden price drop sparked concerns among investors and buyers. Some media outlets reported that a set of mahogany furniture once priced at 90 million yuan had dropped to under 700,000 yuan, causing confusion in the market.
Despite these reports, a recent visit to the Guangzhou mahogany furniture market revealed that prices were not plummeting but rather continuing to rise steadily. A factory owner in Taishan, who had been in the industry for nearly two decades, confirmed that material costs had increased by 20% to 30% compared to the previous year, forcing manufacturers to raise their prices accordingly.
While some smaller materials saw slight declines due to economic pressures, the overall market remained resilient. Experts like Wu Bingliang dismissed the idea of a "hot money retreat," but acknowledged that negative news had shaken market confidence to some extent.
On the other hand, African red sandalwood, though less prestigious than Huanghuali, offered practical benefits such as durability and ease of maintenance. Its value retention and use value made it a popular choice for everyday use, while Huanghuali remained a strong collector's item due to its rarity and uniqueness.
An insider from Zhongshan, Guangdong, explained that the growing interest in quality and aesthetics, along with the presence of surplus capital in society, kept the mahogany furniture market active. Investors, speculators, and discerning consumers continued to view mahogany furniture as both a functional and valuable asset.
Looking ahead, many industry players believed that rising material costs and limited supply would keep prices on an upward trajectory. By the start of the following year, the market was expected to remain strong, with little chance of significant price drops.
The typical buyers of mahogany furniture were often affluent individuals, some of whom had built their wealth through business ventures in Guangdong, while others came from well-established families. Inflation and personal appreciation for the craft also played a role in driving demand. As one salesperson noted, “I grew up around wood, and I really love it.†This passion, combined with the long-term value of mahogany furniture, ensured its continued appeal in the luxury market.
Pneumatic Valve
Pneumatic valve is a kind of valve controlled by air pressure, which is widely used in industrial automation control system. Its main applications include the following aspects:
1. Fluid control: pneumatic valve can be used to control the flow and direction of liquid or gas, such as controlling the flow in the pipeline, exhaust gas emission, etc.
2. Pressure control: pneumatic valve can be used to control the pressure of fluid, such as controlling the pressure of compressed air, regulating the pressure in the hydraulic system, etc.
3. Temperature control: pneumatic valve can be used to control the temperature of fluid, such as the temperature of heating or cooling system.
4. Automatic control: pneumatic valve can be linked with sensors, PLC and other equipment to realize automatic control, such as automatic production lines, robots, etc.
5. Safety control: pneumatic valve can be used for safety control, such as controlling emergency stop, preventing overload, etc.
In general, pneumatic valve plays an important role in industrial automation control system, which can improve production efficiency, reduce costs, and ensure safety.
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