Mink Auction Prices Rebound At The Bottom Of Leather Industry

"One year's plan lies in spring". After the pain of industry shuffling, leather clothing industry's 3 era is coming quietly.

In 2015, crude oil, steel, coal and other commodity prices continued to decline, and leather leather grassland materials also fluctuated sharply.

After the Spring Festival of 2016, the prices of bulk commodities rebounded significantly, and the market of leather and fur raw materials also rebounded.

"These years

The price declines were cliff shaped, especially when the water mink purchased at the beginning of last year fell to almost half of the year's end, and many bosses could not cry.

An entrepreneur engaged in mink clothing production and marketing said.

It is understood that due to the 2014 winter fur and fur sales have been very hot, some enterprises to expand production scale, resulting in relatively large inventory.

In addition, the leather and fur industry is dominated by small and medium-sized enterprises, and the financing cost is relatively high.

High inventories, high leverage and lower prices, many enterprises in 2015 encountered unprecedented difficulties, some enterprises had to sell at a loss to "break arm to survive".

The news from the auction in Copenhagen, Denmark, in February of this year, clearly showed the industry a new hope: compared with January, the price of the mink was increased by 15%, and the turnover rate was close to 100%.

In addition, the price of mink and other major raw materials plummeted last year.

There has been a marked decline in the number of aquaculture, and the "excess capacity" at the source has appeared to be conducive to market stabilization.

Cui Yiyun, President of Copenhagen fur China, said at the 2016 Haining China leather raw materials, accessories exhibition and 2016/17 China leather fur fabric design trend show that the supply side reform of the global fur material has already started, and the supply will be reduced by 20% in 2016.

"Compared with other industries, leather clothing industry has entered a period of periodical adjustment relatively earlier. After many years of concussion and adjustment, the trend of the new round of development has gradually become obvious. We might as well call it the 3 era of the industry."

There is no law.

He believes that leather clothing industry has undergone three major readjustment, pformation and development in the past 30 years: the first was the rise of village and township enterprises in 1980s, which led to the first round of leather clothing industry prosperity. The second was the rise of private enterprises and lump economy in the mid and late 1990s, which triggered the explosive growth of the industry. The main feature of the two adjustment was the pformation of the system and mechanism, and the liberation of productive forces.

Over the next more than 10 years, the development of industry has been accompanied by the main melody of consumption upgrading and industrial upgrading. The traditional leather garment industry has evolved into a more colorful leather fashion industry. However, with the great changes in the internal and external environment, a more difficult and more thorough adjustment has inevitably arrived.

And the first two adjustments.

At present, the international economic environment is quite different. In recent years, the leather industry entering the adjustment is facing a very complicated economic situation at home and abroad. Not only the international market demand has dropped sharply, but also the domestic market has been affected by many factors, such as the sharp fluctuation of raw material prices, and so on, resulting in a series of unfavorable factors such as overcapacity, market decline, electricity supplier diversion and confidence setbacks.

Many people in the industry also said that because of this, the leather garment industry's adjustment will be more thorough and the cycle will be longer and the labor pains will be greater.

There is no denying that from the overall economic situation, the bottom of this round of economic adjustment "L type" may be relatively long, and it will be unfavorable for the leather clothing industry to go out of the trough. But after several years of shuffling, especially the price of leather raw materials has dropped to the level before and after 1996, this shows that even if the price of raw materials is not obviously rebound, enterprises should not worry too much about the further decline of prices, which is conducive to restoring confidence and also conducive to the recovery of the industry.

This is emphasized by Ren.

He also said that there has been a gratifying phenomenon in the leather clothing industry in recent years, that is, the younger generation of entrepreneurs has begun to rise, and the ability of innovation and innovation has been significantly enhanced. This will have an immeasurable effect on the new round of development of the industry.