MySheen

The domestic fur market is not optimistic this year.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, There are too many uncertainties affecting the development of the domestic fur market, such as the decline in purchasing power caused by the devaluation of the Russian rouble last year, coupled with the warm winter last year. No matter what the influencing factors are, it revolves around the supply and demand of the most important market factors.

There are too many uncertainties affecting the development of the domestic fur market, such as the decline in purchasing power caused by the devaluation of the Russian rouble last year, coupled with the warm winter last year. No matter what the influencing factors are, they all revolve around the most important market factor-the relationship between supply and demand. There are too many kinds of fur, which are affected by macro-economy, fashion trend, inventory, demand, weather, psychological expectation and so on, but the weights are different.

Prices for both rabbit skins and semi-finished plates (including whole skins and materials) are now at their lowest since 2009, and rabbit skin products are not selling well, let alone higher-grade mink.

In the first half of this year, without the influence of other uncertain factors, the market situation is not optimistic, resulting in very few rabbit skin business this year, or starting late with a wait-and-see attitude. Although there is stock in the market now, the market is poor and there will not be too much supply. In addition, what needs to be paid attention to this year is the restriction of environmental protection on the fur market. The impact of environmental factors on the fur market is "propped up", stabilizing and raising prices. Because it directly leads to a short-term reduction in supply. The rise in the price of razor skins in the same period last year was related to it.

Environmental protection requirements will be more stringent this year, if the number of rabbit skin processing households continues to decrease, even if the market is not good, it will play a stable role to a certain extent. As for how long it will take, it will require a common game between people's psychological expectations and market demand. One of the most obvious impact is that the life of processing households is difficult, the price of rawhide is stable, there is no demand for finished products, and its profit margin is limited. When business is bad, this new situation often appears in the past two years, and the price of raw materials is out of proportion to the finished products of cooked leather, which is also one of the characteristics under the new situation.

In addition, there is not much inventory in the southern market, and there is a greater chance of restocking. Of course, some people will hold down the goods. According to this analysis, the material plate is likely to show a stable market, or even rise in the short term.

It is reported that the middleman stock of cooked leather is relatively small at the end of the year, so the current price of peeling is harder or rising. In addition, to join the army of foxes and minks are also the inflows of funds from practitioners of foxes and minks, so for them, there is a lot of speculation, and the relationship is complex, so it is difficult to judge. Of course, the risk will also increase.

Due to the warm winter, the sales of down jackets with sliver collar were not good last year, and it was difficult to ask for accounts at the end of the year, and we have not heard of placing orders yet.

 
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