Market Report – March 2011

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...

Market Report – November 2010

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...

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...

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...

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...