Recently, with the continuous rise of raw material prices, prices of solid wood flooring continuously climbed. The high price not only stopped purchasing flooring of consumers, but also highly effected the shipment of dealers.
It was the third time for Solid wood flooring with South American wood to increase prices, the growth rate neared to 30%. Its forecasted that, influenced by the shortage of raw materials supply, prices of solid wood flooring products will stay a high price level. This situation may highly affect the wood flooring consumption of people in China.
The higher prices of wood flooring also affected the business of solid wood flooring dealers. The growth rate has amounted to 30% compared with the end of 2007. This resulted in the decline of distribution profit of dealers. At the same time, the fall of consumers also lead to bad business in 2008.