cashmere

Chinese cashmere market has experienced ups and downs like any other raw materials market. In recent years, both overseas and domestic markets re-find cashmere's value, the demand has picked up, this draws more processors in, in turn I pushes up the demand for cashmere fibers, then again, as a result, raw cashmere price has seen their peak in year 1999 to 2000. Frequent environment disasters such as sandstorms, snowstorms, draught and desertion in Northwestern China and surrounding areas taught the Chinese people and Government a good lesson, environment protection is now put into their agenda. Goats include cashmere goats are one of the important environment damaging factors, they eat away every living plants on earth. As a result, goats are restricted by government to certain amount and regions to raise, and inevitably, cashmere goats are going to decrease in numbers. This drives cashmere price up. When prices are high for cashmere, fiber people try to sell them, when the prices come down, they try to hold the stocks, in past few years, we did not see big jumps and drops on cashmere prices, thus the stock level for now should be reasonable.