Cashmere Fibres International

Market Report – February 2010

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 purchase [...]

Market Report Supplement – November 2009

CHINESE CASHMERE  We have just received the following information from our Chinese office:  The Chinese government have announced a financial incentive to support cashmere raw material prices for next season’s clip.  They have agreed to make an interest-free loan to the following companies to purchase the following quantities of greasy cashmere :-  ERDOS                          3000 tons KINGDEER          1000 [...]

Market Report – November 2009

CHINA Prices increased over the summer months mainly due to domestic demand.  Now that the domestic season has finished prices have leveled off, slightly below last year’s level.  The Chinese clip is now estimated at 10-12 million kgs greasy per year and availability is generally good.  However fibre diameter is increasing due to cross breeding by [...]

Market Report – August/September 2009

CASHMERE The year started with Chinese and Mongolian greasy prices falling as expected in view of the world economic situation.  Mongolian prices then fell even further in April as a result of the Mongolian Tugrig falling by 50% against the US dollar, almost overnight.  Chinese new clip prices eased slightly but Afghan/Iranian prices remained firm.  In May [...]

Market Report – May 2008

Market Report – April 2007

CASHMERE CHINESE New clip opened high as no stock left from last year. White for White priced over US$100. Big Chinese manufacturers are waiting as prices are too high for sweater export prices which are unchanged from last year. Export rebates for yarn and sweaters are expected to reduce 2% to 9% and 11% and dehaired prices [...]

Market Report April 2006

CASHMERE MONGOLIA The main changes recently are in Mongolia where the General Director of Buyan Cashmere Sweater Company has been appointed Minister for Trade and Industry. He has successfully tightened border controls with China and, for the time being, prevented the smuggling out of the country of greasy and scoured cashmere. After an initial increase [...]

Market Report – July 2005

CASHMERE CHINA – Quantity of new clip is down 15-20% due to grazing restriction and herdsmen switching to sheep farming mainly for meat as spring lambs can be sold the same autumn/winter. They must wait 2 years to harvest 1st cashmere clip from goats requiring expensive winter feed. Prices increased during last month due to above [...]

Market Report – May 2005

CASHMERE CHINESE Prices remained firm during the first ¼ of this year mainly driven by domestic demand and reached levels western manufacturers found difficult to absorb. We expected some downward adjustment with the arrival of the new clip which began around the time of the Cashmere Forum in Beijing during early April. ERDOS, China’s largest sweater [...]