Fur Market'S Sharp Decline In The First Half Of The Year

In recent years, the domestic fur market has experienced a sharp decline.

The purchase and sale prices of various raw materials gradually dropped, and sales were sluggish.

Last year, the average trade price of fur was reduced by 50% compared with the previous year.

Fur farming is affected by the price of leather sheet and the rising cost of feed. The situation is more severe and embarrassing.

As the price of leather has dropped to the edge of feed costs, the vast farms have felt great threat and pressure.

Experts pointed out that the current low fur market is an inevitable trend.

There is a cyclical change in the fur market. It is impossible to keep going up and down.

Due to the combined effects of raw material quantity and quality, purchase and marketing links, processing and development of raw materials, and product market sales, the fur market has continued to rise in previous years.

It is understood that there are some reasons for the low market of fur market. First, the number of aquaculture is increasing sharply, and the supply of raw materials exceeds demand.

Because of the good fur market in the past few years, fur breeding has gained considerable benefits, which has stimulated the rapid expansion of domestic breeding.

Under the condition of stable demand for fur processing and sharp increase in the number of livestock, all kinds of leather sheets have led to the imbalance of the industrial chain, and from the balance of supply and demand to the oversupply.

This is the main reason for the low fur market.

Two, influenced by global warming, the sales and consumption of fur products have dropped sharply, leading to a serious backlog of finished products, and the market for terminal products has been stagnant.

According to reports, last year, the remaining goods hoarding rate of 50%-60%.

Three, the impact of fashion trends.

In recent years, fur clothing has changed from focusing on warmth to aesthetics.

Long hair needle fur has become fashionable and consumption has increased greatly, which has adverse effects on Arctic fox fur sales.

Four, the state readjustment of industrial policies has also temporarily affected domestic fur processing industry.

In order to adapt to the overall situation of international economic and trade integration, the state has reduced the export tax rebate rate of fur commodities from 17% to 13%, and now it has dropped to 5%.

Pelts of fur animals are banned from import and export products.

The environmental protection department has strengthened the pollution control of fur processing plants, and the fur processing industry that is not yet standardized in China is being rectified, adapted and improved.

Therefore, in the short term, it will also affect the purchase and sale of fur.

Five, the circulation of mink products in foreign markets is blocked.

China's mink skin products are mainly exported to the former Soviet Union and exported to Russia.

However, since April 2007, Russia has implemented the policy of restricting foreigners' engaging in retail trade in Russia, and at the same time increased the tax rate, which has directly led to the limited export of Chinese mink products to Russia and the sharp decline in export volume.

The anti fur movement launched by animal protection organizations in some developed countries in the West has also affected the export trade of fur products in China.

Insiders pointed out that the decline of the fur market was caused by domestic and international double impacts, which may be cumulative and difficult to get back.

The market downturn in the fur market is different from the decline of previous market quotations.

Several times due to a certain reason, the time is short, and the rebound is fast. This market downturn is affected by the comprehensive factors of the whole industrial chain, and it may show a tendency to accumulate.

Of course, the duration of different types of products may be different.