Analysis Of The Reasons For The Sharp Drop In Fur Market

In recent years, the emergence of low price of fur market is mainly due to the following 1. reasons: the number of livestock is increasing rapidly, and the supply of raw materials exceeds demand. Because of the good fur market in the past few years, the benefits of fur sales and aquaculture are 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, global sales and consumption of fur products have been 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 17% to 13%, 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 Moscow's leather market is impeded by the circulation of mink products.

Domestic mink products are mainly exported to the Soviet Union and exported 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 has changed from focusing 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 influence of international market.

Affected by the market price of international auctions, 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.