How is the cashmere market changing as May begins?

May every year is the peak season of cashmere trading, but also high-quality cashmere concentrated on the market, we are particularly concerned about the price and market trends in this month and attention.

This year's market, from March fattening sheep sets down, will be accompanied by a variety of raw material prices, cashmere prices began to gradually go higher and hot, and showed a steady upward trend. Transaction prices have been maintained at a high level of operation, due to the price of finished products did not change much, the phenomenon of raw materials and finished product prices upside down. The main body of acquisition during this period was dominated by small and medium-sized manufacturers and retailers, and the participation and acquisition efforts of large manufacturers appeared to be insufficient on the whole. During this period, there were also some differences in the analysis of market trends. Now in May, the market has come to a critical time, how the market trend in May, has become the most concerned about the topic of the moment.

May this year, several major producing areas of cashmere will be listed at the same time, the supply of raw materials should not be a problem. Influenced by inflation, capital should also be abundant. Then, the key factors affecting the market trend is mainly in the end demand. Although cashmere raw materials have their special good performance, but there are few substitutes. Therefore, the price will not rise for a long time, we need to pay attention to control the price risk. The recent market momentum has been weakened, the upward momentum is weak, we need to pay attention to. On the other hand, the recent price increase exceeded the expectations of many people, although there is a global inflation background, but from the perspective of the overall world economic situation, demand has not been maximized.

At the same time, there is another thing to pay special attention to: the second outbreak of the epidemic in India, or detonate a new round of economic or political crisis, which will bring what aspects of the impact of China is still unknown. (Fleece Industry Information 2022-05-04 17:13)