Super Rich from Winning a Lottery-Chapter 354 - 246: Various Chaotic Phenomena (Part 3)

Since then, the acquisition has never stopped, but due to constant production, the consumption is also quite significant.

In Anguo’s rosewood furniture, Lao Laos red sandalwood, along with Laos rosewood, Huazhi wood, have always been the main materials for Anguo’s premium rosewood furniture.

As for Burmese rosewood and Cambodian rosewood, these are considered relatively ordinary materials for rosewood furniture.

However, for many rosewood furniture factories, Burmese rosewood is already considered a relatively high-end rosewood material, while ordinary rosewood furniture factories generally use materials like African rosewood, hedgehog rosewood, red sandalwood, yellow sandalwood, wenge, Khmer rosewood, Indian rosewood, Brazilian rosewood, Satinwood, ironwood, and others.

These ordinary rosewoods, although they belong to the rosewood category, are relatively inexpensive, considered entry-level rosewood, with market prices around three thousand yuan per ton, and at expensive times only four to five thousand yuan per ton.

However, after many years, the price of hedgehog rosewood also rose to seven to eight thousand, or even ten thousand yuan per ton.

Currently, the price of Burmese rosewood is around 10,000 yuan per ton, and in the future, it will rise to 30,000 to 60,000 yuan per ton.

Anguo Furniture also produces and sells cheap entry-level rosewood furniture, but the production is carried out by outsourcing manufacturers, even Burmese rosewood furniture is produced by them.

The premium rosewood furniture produced in Anguo’s own factory mainly consists of high-end premium rosewood furniture, like Little-leaf sandalwood, Big-leaf sandalwood, Vietnamese rosewood, and Sea yellow rosewood. These materials are very expensive, and they are basically produced in their own factories.

Especially Little-leaf sandalwood, and Vietnamese rosewood, Sea yellow rosewood, the leftovers and sawdust from furniture production can all be sold, Sea yellow rosewood and Vietnamese rosewood sawdust are sold by grams.

Those wood scraps can be made into Buddhist beads and strung into bracelets for sale, including Little-leaf sandalwood; bracelets made from these woods are not cheap either?

Therefore, the materials of Little-leaf sandalwood, Vietnamese rosewood, and Sea yellow rosewood are definitely not sent to outsourcing factories for production; even a single pound of Sea yellow rosewood is worth several thousand to tens of thousands of yuan, truly the gold among woods.

During the furniture cutting process, the entire workshop must be cleaned very carefully, because Sea yellow rosewood is such a noble wood that there is no waste; even the sawdust can be sold, where would waste come from!

When Sea yellow rosewood is cut, the entire workshop is filled with a rich sandalwood fragrance, which smells very pleasant.

Although Anguo Furniture Factory does not produce ordinary rosewood furniture, only entrusting outsourcing manufacturers to produce, Anguo Furniture Factory still stores large quantities of rosewood like Burmese rosewood, but not stored in the factory’s warehouse, instead stored in external warehouses.

The reason, of course, is because these rosewood furniture will increase in price in the future, and the price will keep getting higher.

Anguo Furniture Company can now be considered wealthy, with abundant funds on the books. These funds cannot just sit idle on the books; naturally, they need to be invested.

Acquiring and storing these rosewoods is inherently an investment and a very high-return one at that. Storing these rosewoods is far more beneficial than keeping the money in the bank to earn interest.

Many redwood furniture factory owners with capabilities actually also invest in the rosewood business, and when the market is good, flipping rosewood can earn more than running their rosewood furniture factories.

The market conditions for various rosewoods and their prices fluctuate timely. Many people speculate on various rosewoods, pushing prices higher and profiting from them.

Just like Little-leaf sandalwood and Big-leaf sandalwood, in just 4 years, Little-leaf sandalwood rose from 150,000 yuan per ton to over 1.3 million yuan per ton, while Big-leaf sandalwood rose from 30-40,000 yuan per ton to over 200,000 yuan per ton, and it is still rising, expected to hit over 300,000 yuan per ton in the future.

However, after excessive speculation, the prices of these woods will also return to a lower level.

For example, Little-leaf sandalwood eventually dropped to 700-800,000 yuan per ton, or even 600,000 yuan per ton, which is a third of its peak price.

In contrast, Big-leaf sandalwood is worse, after reaching over 300,000 yuan per ton, it dropped all the way down, first halving to over 100,000 yuan per ton, and finally falling to over 40,000 yuan per ton, merely one-sixth compared to its highest price.