China's Fur Market Is Coming At A Low Price Era.
Russia's market is not ideal for domestic fur. market How much impact will it cause, and which price will eventually come down to the domestic fur prices? Can the farmers' skin keep the current breakeven status or break through in the face of enormous pressure? Too many questions need to be called a question mark?
The global financial tsunami triggered by the United States has spread to the European continent, and the Eastern European market which has limited relevance to the international financial market can not escape being looted. The Eastern European countries are facing the worst economic recession in 10 years and may become the "worst hit area" of the second wave of the tsunami. According to Hongkong's Wen Wei Po, Russia, as the largest economy in Eastern Europe, has a "drop in line". The sharp drop in oil price, the withdrawal of funds, the high external debt, the depreciation of the currency and the rising unemployment rate have led to a severe situation in the political, economic and social situation. If the financial difficulties continue to deteriorate, it will become a "reprint" of the financial crisis in Southeast Asia ten years ago, and even lead the country into bankruptcy crisis.
It is obviously unrealistic and wrong to think of Russia as a Chinese fur spillway. Earlier this year, the fur trade fair held in Beijing, there were not enough exporters to say that it is very difficult to export Russian market this year. The Russian market downturn is not temporary. It can last for a long time. Some problems arising from it are occupied by Russia. market The share of fur turns to the domestic market, thereby reducing the price of domestic fur.
In the past, the price of fur in China was too high, and only a small number of people wore it. This year there will be quite a lot of fur traders playing domestic cards, and the price of fur will also decline. These are far from enough. Fur has not yet fallen to the acceptable price of the civilian population. The role of the brand has not been fully highlighted. The economic downturn has led to a strong competition in the fur industry chain of China. The fluctuation of a certain link will inevitably make the owners of the upstream and downstream industries unable to eat or even go bankrupt.
For example, if the price of raw leather is up, then the price will go into the fast lane for a period of time under the impetus of market speculation. This time may affect the interests of the processors. The economic crisis has prompted the processors to take a cautious attitude. Few investors have hoarded raw skins, and the original leather has been hoarding in the circulation field. Therefore, the circulation field is expecting the price of raw leather to rise. Only through price fluctuation can we get the proceeds. The greater the fluctuation, the greater the harvest.
This is probably the beginning of nightmare for processors. Processors can only get balance of interests through value transfer. Economic crisis The purchasing power of consumers is down, when some processors fail to withstand pressure and go bankrupt. In the past 09 years, the price of fur in China is essentially the result of joint efforts of raw leather producers, leather merchants, processing owners and consumer markets. 09 of China's fur is more of a commodity than a luxury product.
Editor in chief: Du Jun
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