A Brief Review Of China's Fur Market In Early 08

The domestic fur market has seen a sharp decline since the end of last year. All kinds of raw materials, purchase and sale prices fell step by step, sales were sluggish, and products were overloaded. The average transaction price of pelt is 50% lower than that of last year. Fur market, like many other commodities, has a cyclical change. It is impossible to keep going up and never go down. It is influenced by the quantity and quality of raw materials, the circulation of purchase and sale, the processing and development of raw materials, and the marketing of products. This year, the fur market continued to rise in the past few years. The market price of fox fur has not exceeded 300 yuan / Zhang since 2007 when it fell below 300 yuan / Zhang in January. The market price at present is 250-270 yuan / Zhang (referring to 20 catties above Fox), until there is no sign of price rebound. Since the fall of this spring, raccoon dog skin is almost a thousand miles away. Up to now, the price is 140-150 yuan / Zhang. The price of raccoon leather has dropped by 2/3, and today's price is less than that of last year's 1/3. Mink prices fell by half compared with the same period last year. Raw leather from 390 yuan / Zhang Die in January to 180 yuan / Zhang in December, a drop of 53.85%; from the above analysis, the three carriages of the fur market entered the trough almost the same period in 2007. This phenomenon has never appeared in the fur market in the past twenty years or has been similar, but it has never been so obvious this year. The appearance of this phenomenon is accidental or inevitable; it is believed that the industry is benevolent and the wise are wise.