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    Fur Industry Will Continue To Be Weak In The Third Quarter Of 08

    2008/7/14 0:00:00 10468

    Fur Industry

    After the first quarter of 08 years, the international fur industry continued to slack and the domestic processing market was sluggish.

    Thanks to the negative impact of the appreciation of the renminbi, the competitiveness of domestic processing enterprises has obviously weakened, and the profit margins have fallen sharply, which has led to the worsening of the export environment and the unprecedented heavy damage to the domestic fur industry.

    Ruthless declaration depends on the era of cheap labor and low cost competition in the international fur market. The domestic processing enterprises want to survive, we must change the way of thinking, export trade structure, business management mechanism, etc., and develop with foreign fur processing enterprises on a large platform.

    As for the previous advantages, it has gone with the wind and disappeared in the memory of history.

    The development of all things has its two sides. The other side of the appreciation of the RMB also shows that China's economic development has more and more influence on the economic development of all countries in the world.

    The huge trade surplus accumulated by China is often attacked by foreign political and interest groups. Trade disputes are more and more frequent. China's frequent anti-dumping lawsuits and other trade disputes in recent years are related to this background, and increasingly concentrated on the low price of the RMB exchange rate, which makes RMB appreciation or not become the key to reducing trade friction.

    Even in the continuous weakening of the international fur industry, the price of mink skin doubled and the raccoon skin increased by nearly 40 yuan in the two quarter of 08. Domestic processing enterprises showed a strong vitality.

    The restoration of the price of mink gives people hope and sees the value of waiting and insisting.

    It is estimated that the late 08 quarter of the two quarter will be a relatively long waiting period.

    After its early surge in popularity, mink has not had enough power to go ahead with the wind. It is estimated that the mink will enter a relatively rational, stable and long stage.

    Raccoon skin because its stock is amazing, the price is super low, so in the 08 and two quarter, in the case of processing enterprises are not many orders, the possibility of continuous rise is very small, stable or slightly rising will be a big trend of raccoon skin.

    The supply of fox fur (blue fox and Bai Hu) is relatively small, especially in the case of Bai Hu leather. From the international processing direction, the balance between supply and demand has always been the last word followed by the market economy. Therefore, the development space of fox fur (blue fox and Bai Hu) is large, and steady growth will be a great development direction.

    At present, domestic fur industry is facing a big reform.

    In order to survive, the processing enterprises must change their business models. If the middlemen want to survive, they can not fight for a place like before. If farmers want to survive, they can not be as rigid and closed behind as they used to be. They must understand the market, cater to the market, and better grasp the market.

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