The price of mutton goes up after the winter of 2019, why does the price of cashmere not rise but fall?

In the cold winter, keeping out the cold has become a very important topic, but after the beginning of winter, the price of mutton has risen sharply. Why does the price of cashmere not rise but fall? What is the reason?

I. the market situation of cashmere in 2019

The price of cashmere has been rising since 2016, but in 2019, the price of cashmere has been falling. According to statistics from the Ordos Municipal Bureau of Agriculture and Animal Husbandry, the price of cashmere this year is 200 yuan per kilogram, compared with 300 to 320 yuan per kilogram in the same period last year, down about 30 percent from the same period last year. In addition, data show that in July this year, the prices of guar seed cashmere and sleeve cashmere in China's cashmere market were 680000 yuan per ton and 650000 yuan per ton, respectively, down 10.5% and 10.9% from the same period last year.

Second, why does the price of cashmere fall instead of rising?

On the one hand, goats can produce cashmere as well as sell meat. And the price of mutton is very high this year, so many herdsmen earn a lot of money by buying mutton. Coupled with the fact that cashmere is easier to store, herdsmen are in no hurry to sell cashmere this year, and prices have been unable to rise, so herdsmen will store cashmere and want to wait and see, waiting for the price of cashmere to rise.

On the other hand, because of the surplus cashmere in the market and the rising price of mutton, cashmere is now produced in all regions, coupled with the fact that each sheep this year produces one to two more cashmere than last year, and the supply of cashmere exceeds demand in the market. the price of cashmere after fencing is relatively low.

Coupled with the escalation of trade frictions between China and the United States, a new batch of US $200 billion worth of imports to the United States has been levied an additional 10% tariff by the US Customs since September 24, and will be raised to 25% on January 1, 2019. More than 1000 textile and clothing projects have been affected. In the face of economic downturn, the textile industry is facing great challenges. The United States is the main market for China's export cashmere products. Make many domestic textile export enterprises face greater challenges, the impact will be gradually reflected.

Although the price of cashmere has fallen to a certain extent, the price of mutton is on the rise, and the price of cashmere may rise in the future.