The scarcity of precious wood into scarce resources

When “cash is king” is being “strangled” by the “printers” and high inflation rates that countries continue to launch, people have found that we have unknowingly entered the “real thing is king” era. The exchange of banknotes into savings deposits, and the arrival of waiting for interest rates, is not as good as changing a precious wooden board, a bottle of famous wine or a famous watch. In particular, scarce assets are becoming an investment variety for all buyers. In the process, there are no shortages of bubbles, but as one savvy investor puts it: "If you can determine that investment is a scarce resource, then you must learn to embrace the bubble!"

Interview experts: Cheng Maojun Senior timber investment and collectors engaged in timber sales for more than ten years View one: The industry is bullish Scarce timber appreciation is more fierce The wood industry is similar to antiques, jade, the more the greater the value of boutique appreciation. Taking rosewood pears as an example, in 2003, it was only 2-3 million yuan a ton, but now it has jumped to 23 million tons. Because Huanghua pear is a scarce resource, the output of resources is gradually declining. Both Hainan and Vietnam face the situation of no timber available. Vietnam now basically goes to Laos and Cambodia to “fish” the goods, and then switches to the trading market at the Sino-Vietnamese border. high price. This led to the recent soaring Huanghua pear.

Due to the scarcity of resources, not only high-end mahogany, but also mid-range wood, such as red rosewood, is also facing a rising trend. Take the end of 2010 as an example. The price of fine red rosewood has soared four times in one year, even though the average red rosewood rose by 70%-80%.

Viewpoint 2: The amazing value of boutique products is in place and needs to be done due to the continuous rise in the prices of medium-to-high-grade wood, which has led to recent hot deals. Those who are interested in investing in wood are advised to visit the public. However, I suggest that the first-timers must first understand the basic characteristics of the industry. Don't rush to start. When you enter the market, you must watch more and less and do not follow the trend blindly. Because this market has a certain speculative composition, the market conditions fluctuate. In 2007, for example, a wave of hype was raised at the time. High-grade wood such as red rosewood and small leaf-leaved wood had already reached a million tons. However, in one year, the price dropped to 200,000 tons in 2008. For those who do not understand the characteristics of the industry, if they are eager to follow suit, they are likely to suffer heavy losses.

I suggest that those who are interested in investing in timber can first consider those rare mid-priced woods with moderate prices and promising market prospects, such as red rosewood. The current price of such wood ranges from 20,000 yuan to 1 million yuan per ton. I suggest , can invest in about 100000 yuan per ton of red rosewood. For ordinary investors, it is best to find experts after the market, and our jargon is called "help you grow your eyes."

Point three: optimistic about the market prospects 2011 market bullish on the market as a whole, I am optimistic about the next year's market. On the one hand, this round of rising trend is not as strong as in 2007. The main reason is that prices are rising due to scarcity of resources; on the other hand, most of the participating traders are not non-inbound individuals as in 2007. Participants are mainly manufacturers and power collectors who demand wood. The former purchased a large quantity of wood due to production demand, resulting in an increase in prices, while the latter took over the acquisition of expensive wood due to the scarcity of timber resources. In addition, precious timber resources overseas are indeed very scarce. For example, red rosewood and yellow pear in Vietnam and Hainan have been “sold out”. Even if the resources in Laos and Cambodia are very limited, this round of rising will never occur in 2007. The huge fluctuations. Of course, it is very likely that a certain degree of consolidation will occur due to the high price of high prices, which is also normal.