The continuous rise of redwood raw materials has increased the value of mahogany doors. The investment property of Redwood Gate has gradually become the value of consumption that merchants and consumers value more. Now, not only the mahogany enterprises are looking for and purchasing raw materials, but the capital of other industries has also entered the purchase materials. The appreciation property of mahogany is being favored by more and more people.
About Redwood Price Index HIPI
The collection value of furniture such as mahogany doors has been recognized by most collectors. Nowadays, how to understand the price increase and trend of mahogany furniture through market conditions has become a thing that many consumers need to know. Today, Jiuzheng Building Materials Network Xiaobian introduces a “Redwood Import Comprehensive Price Indexâ€, referred to as “HIPIâ€, which can be used as a reference for consumers to analyze the price increase of redwood to avoid unhealthy investment caused by malicious speculation.
The Redwood Price Index is the first price index in China's rosewood industry, and is called the “Hongmu Importation Price Indexâ€. The index was analyzed and researched by the China Wood and Wood Products Circulation Association Redwood Circulation Professional Committee ("China Redwood Committee"). It was released in October 2012 and officially released in January 2013. 11 official index reports have been released. The time cut point is November 2013.
According to the HIPI analysis report, consumers need to understand that the trend of HIPI is proportional to the change in import prices of rosewood.
Use HIPI to avoid non-healthy investments
Consumers need to pay attention to the fact that monthly customs statistics are issued at the end of the following month, while the price index needs to be studied through the comprehensive data of the redwood market in Shenzhen, Shanghai, Zhejiang and other places, as well as the opinions of furniture manufacturers such as the mahogany door. Calculated, so the release time is later than the analysis month of the Redwood price index. The influence of the trend of rosewood prices on the mahogany door can last for 2-6 months, or even longer, the price of furniture such as mahogany doors, because it includes the purchase period of mahogany raw materials and furniture such as mahogany doors. Production period, as well as the impact of other market factors.
If the HIPI index changes significantly in the current month, the Chinese Redwood Committee will indicate the reason for the change in the monthly report; if there is a major change, an industry warning will be issued. A number of mahogany companies have indicated that they can help the production, management and management activities of the industry by studying the price index of imported logs and sawn timber. For consumers, an objective and true index report will provide an objective understanding of the real market conditions.
Consumers can learn through mainstream home media and the official website of the Chinese Redwood Committee. However, the index situation is an analysis conducted through calculation and survey data, which contains certain risks. Consumers need to make in-depth observations and make careful reference.
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