According to the analysis of relevant experts, cashmere prices have generally declined this year. There is basically no possibility of price increases. Many sellers with dozens of tons of inventory are currently actively seeking buyers, hoping to sell cashmere before prices continue to fall. Cause greater losses.
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Although cashmere prices have been twisted and twisted in recent years, due to Xinjiang's special geographical location creating a higher quality of cashmere in Xinjiang, the price of Xinjiang cashmere is always higher than other cashmere production areas. However, at present, the domestic wool textile industry has become increasingly difficult. International orders for raw cashmere and cashmere manufactured goods have been greatly reduced. A large number of foreign customers have turned orders to higher-cost countries such as India. The original cashmere export prices have been reversed, and many cashmere product manufacturers have stopped production. Closed down, cashmere demand decreased. In addition to Xinjiang's long distance, the cashmere production area is even more remote. It also creates difficulties for mainland buyers to purchase cashmere, and at the same time increases their acquisition costs. This is also the limitation of Xinjiang cashmere market. In addition, with the increase of market pressure, local cashmere acquisition companies in Xinjiang are also actively seeking a relatively low external price for the original cashmere market in order to reduce production costs, which also makes cashmere prices in Xinjiang have to be reduced, thus in cashmere demand With less volume, strive for greater market share.
As the saying goes, the one-year plan is spring. At the beginning of April, it was during the most active period for both buyers and sellers in the cashmere trading market. Both parties hoped to be able to pick up each and every time during the busy season of cashmere trading. The seller provides a large amount of new cashmere to enter the market and wait for the price, while the buyers will shop around and look for a more cost-effective cashmere material. However, judging from the current market price of cashmere, in the spring of 2014, the price balance of cashmere is undoubtedly biased towards the buyer's market, and the price of cashmere has fallen compared to last year.
Summary:
August 21, 2023