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...

Ningxia Cashmere Trade Fair – September 2008

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...

World Cashmere Market – June 2007

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...

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...

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...

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...