Brief Analysis on the Trend of Cashmere Industry in

We can not complain that the market is not good, we should reflect on ourselves, change business ideas, that the cashmere industry in 2009 is how the market trend? Looking forward to 2009, the cashmere market can be said to be adverse factors and favorable factors intertwined, opportunities and challenges co-exist. Comprehensive analysis, resulting in the current disadvantage of the cashmere market are mainly the following factors: First, the pessimistic expectations of the operator of the world economy caused by the weaker international demand. Global economic growth will slow down in 2009, the research institutes continue to reduce this year's economic growth, the International Monetary Fund IMF has reduced this year's global economic growth forecast to 1% to 1.5%, while the United Nations and the World Bank will this year's global Economic growth forecast down to 1%, pessimistic economic expectations have dealt a heavy blow to consumer confidence, the US consumer confidence index fell from 61.2 in January to 60.2 in February, the United States consumer unemployment, the stock market slump The case of depression. Consumption downturn in Europe and the United States and other developed countries, cashmere products dealers can not determine this year's sales plan, thereby reducing the orders for domestic enterprises. According to industry insiders are expected this year's European and American markets orders will be reduced by more than 30%, the industry generally believe that the cashmere industry is like early winter, just into the "nine", there is still some distance from the arrival of winter. Second is the imbalance between supply and demand. Last year's downturn in the raw cashmere market and the decrease in demand in the international market caused sales difficulties for cashmere enterprises and increased inventories in cashmere society. As we know about the stocks in various places, the total inventories are now about 7,300 tons. Even taking into account the new cashmere production due to the downturn in the price of raw materials may have decreased, the new superposition, cashmere supply this year is still much larger than in previous years. Third, the exchange rate instability caused by export difficulties. At present, although the RMB has stabilized against the U.S. dollar, it has risen appreciably with the currencies of the euro, South Korea and the like, and fluctuates more.

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