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...

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...

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...

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...