Fur Prices Fell, Causing Fur Traders To Go Bankrupt.

Here world

The weave of the net tells you that the price of fur has fallen, and 30%~50% fur traders have gone bankrupt.

Business is slack. A shopkeeper is sleeping in his shop.

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Accessories, such as mink hair collar, fell from last year's price of 180 yuan to 100 yuan this year.

"The price of retail fur has probably dropped by 30%~50%, and some of the categories have even cut the price directly."

Once known as "soft gold" fur, it has become a hot potato now. In the leather capital of Haining, in recent months, businesses have failed to keep up with stock pressure.

Whether in the entity or e-commerce platform, fur prices have declined significantly this year.

The fur industry suddenly caught up in the winter. At the beginning of the Hongkong auction, it felt a touch of coolness. According to the professional fur material buyer, the price of raw materials has dropped by 30% to 40% compared with last year.

In the industry view, the surge in fur prices in previous years caused overproduction to be the main reason for its "Waterloo".

Over the years, fur prices have been rising rapidly. Many people feel that this trend will continue and there is no anticipation for the "retaliatory fall".

The overproduction of fur has been going on for a long time.

"Bubble" is good news for consumers, because this year will be very cost-effective.

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