Lobular rosewood Guangdong market prices

Lobular rosewood is a high-end variety in mahogany. Lobular rosewood is produced in India. Because of its high price and large space for speculation, it is sought after by many speculators. Rosewood is the most prized of sandalwood and it grows extremely slowly. It takes hundreds of years to become a material. Rosewood is hard and has a weight that is heavier than other hardwoods. It sinks into water, has no scars, is dark purple, and has a compact structure.

In recent years, the prices of mahogany have started to rise and fall. Among them, rosewood prices have increased significantly. In 2009, the price of lobular rosewood logs rose from the initial 500,000/ton to 1.2 million yuan/ton. In 2010, rosewood rosewood logs rose to 1.3 million yuan / ton. In 2011, the price of lobular rosewood logs was approximately 1.2 million yuan/ton. In June 2012, it was reduced from the previous 1.2 million yuan/ton to 700,000 yuan/ton to 800,000 yuan/ton.

A few days ago, the prices of leaflet and red sandalwood in Guangdong market: 28 kg reported to 55-56 thousand yuan/ton.

Shanghai market: The caliber is 15-20, the length is 1.6-1.9, the solidity about 70% of the material price is about 1.28 million per ton; the caliber is 15 or less, the material with the very low material price is about 650,000 per ton,