Cashmere Fibres International

CASHMERE CHINA / MONGOLIA Prices continue to increase since availability of the new clip to a point where even the Chinese manufacturers struggle to pass on replacement levels.  There has been little or no activity over the summer months but prices show no sign of weakening.  Available quantity of greasy has been drastically reduced – [...]

CASHMERE Prices have continued rising during the first quarter mainly as a result of domestic demand in China which has also overspilt to greasy markets in Mongolia, Afghanistan and Iran. CHINA Very little good quality material remaining from last season.  The new clip is not yet available but will start with coarser Liaoning quality next [...]

CASHMERE CHINA Following the dramatic dip in greasy prices in 2008/9 many goats were slaughtered due to cost of winter fuel to comply with government grazing restrictions.  Combined with animal fatalities during 2009/10 severe winter, the 2010 clip is much lower than anticipated (down 50% in many areas).  Strong domestic retail sales have pushed up [...]

CASHMERE CHINA Since the Chinese government announced last November to support cashmere raw material prices from the new clip we have seen frantic activity both in the domestic and international markets to buy up existing stocks, which has resulted in price increase of 15-20%, with limited availability of good quality White for White types. Some [...]

During the 2nd NingXia Cashmere Trade Fair from 10th Sept. to 12th Sept., our Chinese representative met some of our old suppliers from Inner Mongolia and some people from NingXia. He exchanged views about the present domestic dehaired cashmere market with them and got their offers of their dehaired cashmere stocks. Finally he got some [...]

I am seriously concerned about the effect China is having on cashmere markets from all origins. Chinese sweater exporters are bust producing garments for sale through large retail chains and supermarkets worldwide at artificially low prices. As a result they are forced to source raw material from cheaper origins such as Mongolia, Iran and Afghanistan [...]