Analysis Of The Reasons For The Recent Decline In Domestic Fur Market

In recent years, the emergence of low price of fur market is mainly due to the following reasons: 1, the number of aquaculture has increased sharply, and the supply of raw materials has exceeded the demand. Because of the good fur market in the past few years, the profit of fur sales and aquaculture has been considerable, thus stimulating the rapid expansion of domestic breeding.

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

This is the most important reason for this year's fur market downturn.

2, influenced by global warming, the sales and consumption of fur products are greatly reduced due to global warming.

Resulting in a serious backlog of finished products and a slump in the terminal products market.

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

3, the adjustment of national policies also temporarily affects the 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 13% to 13% in the past, and now it has been reduced to 5%..

The environmental protection department has strengthened the pollution control of fur processing plants.

Domestically, the lack of standardized fur processing industry is being rectified, adapted and improved.

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

4, Russia's adjustment to the leather market in Moscow is impeded by the circulation of mink products. The mink products produced in China are mainly exported to the Soviet Union and exported mainly to Russia.

But Russia implemented the policy of restricting foreigners to engage in retail trade in Russia in April 2007, and increased the tax rate.

Directly lead to the limited export of mink products to Russia and the sharp reduction of 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.

5, the impact of fashion trends in recent years, fur clothing from the past focus on warmth to aesthetics.

Long hair needle fur has become fashionable and its consumption has increased greatly.

Therefore, the sales of arctic fox fur will be adversely affected.

6, the impact of the international market is affected by the price of the international auction market, and the domestic market also fluctuates.

This year, the prices of Arctic Fox and mink are also dropping in Finland and Denmark fur auction, which adds pressure to the domestic fur market.

The fur market is declining this year, not only domestic factors, but also domestic and international influences.