Cashmere yarn prices rose by nearly 50%

Cashmere yarn prices rose by nearly 50% Bohai Cashmere Yarn ** August 20 closing price of 1347 yuan / kg, on July 25 the lowest price of 913 yuan / kg, less than a month time increase of 47.5%.

China is the main producer of cashmere, accounting for 75% of global production, and exports account for over 50% of the total. At present, the economic recovery in Europe and the United States is evident. In September and October, it was the peak season for cashmere. The demand recovery supported prices.

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