Bid is 90% lower than last year and nobody wants it. Booth boss reluctantly said. Mr. Wu, an antique dealer, was very distressed. Over the past few years, he had taken a look at the huge appreciation space of rosewood and borrowed huge sums to buy back a lot of rosewood raw materials and furniture.Now, the wood that has been home-made has become a piece of chicken ribs. In 10 years, the first time I saw a merchant dealing with rosewood. Mr. Wu said. The largest mahogany furniture market in Haikou has a total of more than 20 sellers of rosewood furniture.
The reporters here saw that there was hardly any customer in the showroom of a home-made rosewood furniture, and the market was deserted. Due to the bad market, many goods have been affixed with special brands. The price of a yellow rosewood cabinet has dropped from 100,000 yuan last year to the current 25,000 yuan.
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