Cocobolo was brought into Chinese market in 2004. In the beginning, because Chinese people did not know it well, the price of Cocobolo was only RMB 7000 /ton. However, its market price was greatly reversed after it was classified into Siam Rosewood category by experts in Guangdong in 2005. Since that its price once reached RMB 40,000/ton. In this week, the market price of Cocobolo is RMB25, 000-30,000/ton, which remains the same with last week.