Recent Developments in Cashmere Markets

In early April, Liaoning and Shandong cashmere were listed consecutively, and in late-middle-season Shanxi and Shaanxi cashmeres were listed. Now Gansu, Inner Mongolia and Xinjiang herdsmen have also begun to fleece and listed. The initial price of cashmere in Liaoning is 580-590 yuan/kg (to herdsmen's purchase price, equivalent to no plush, the following quotes are the same), is now 620 yuan/kg, and the velvet quality is coarse, the fineness is above 16um, the listed trading The quantity accounts for 80% of the output value; Shanxi, Shaanxi, the length of cashmere at 30mm, fineness is good, about 15um, the initial price is 580-590 yuan / kg, the current transaction price is 600-610 yuan / kg, trading volume At 70% of the output value, the cashmere market in Ximeng, Inner Mongolia, is 590-600 yuan/kg, rising to 610-620 yuan/kg. The Ximeng produces about 150 tons of cashmere, and the velvet quality is more than 16um. The trading volume is 40-50%. Cashmere in the Wumeng region and Xinjiang region has just been listed. Affected by the quoted prices in other regions, the quotation is between 600-630 yuan/kg.

The original cashmere listing this year features:

(1) The quotation is 30,000-50,000 yuan/T higher than in 2005.

(2) The transaction is agile. The time of buying and selling in a producing area is 10-15 days. Many families are still waiting to see it. The bulk of the goods have been purchased by others. This is a significant feature of cashmere sales since the previous year. Past cashmere sales in the past 3-4 months.
The reason for the above characteristics is

1. This year, no matter whether the finished product company is still a material carding and processing company, there is little inventory, and it is urgent to purchase the material for processing and production.

2. Climate disorders: Into several months of significant cooling in April caused the market to be postponed for 10-15 days. The price of goods is tight and the supply and demand are serious.

3, the impact of leather cover the price of the skin, the length of the skin in the 30m bedding, the purchase price of 630,000 yuan / T, compared with the original cashmere quality is poor, and quotes on an equal footing, so many buyers.

4. In some regions, the original velvet production was reduced. According to the buy-and-buy calculation, the output in Liaoning Province was reduced by 20%, and in Shanxi and Shaanxi, the production was reduced by 30%. The main reasons for the reduction in production were the efficiency factors. According to the survey, if a captive person can only raise about 30 eggs, the lambs produced can only be cultured and the only velvet produced is earned; each sheep is priced at 4,500 yuan in terms of 0.5 kg of raw cashmere, which is not as good as working outside the house. many.
Looking forward to the early April national cashmere conference in the discussion of this year's cashmere buying price, most companies think that the offer should be 55-66 million yuan / T, Ordos thought it should be 530,000 yuan / T, but the actual and this distance is great, after all It is still the mall that has the final say. According to the current procurement situation, the main purchase price for this year should be between 6260 and 650,000 yuan/T.

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