Copenhagen Auction House: Chinese Buyers Doubled The Auction Price In 5 Years.

With the luxury and fashion fur industry, a fur auction house called Copenhagen fur company firmly controls the pricing power of mink prices worldwide.

As the world's largest fur auction house, Copenhagen fur company has 5 auctions each year, which account for more than 60% of the world's mink materials sold by auction.

According to the latest data from the International Fur Association, the value of the global fur trade has exceeded $40 billion. According to the data from 2010 to 2011, the total retail sales of leather goods were 15 billion dollars, and China accounted for 1/4 of the total retail trade.

Sun Wan Hong, director of special forest animal breeding cooperatives in Zhucheng, told the author that although China's fur market accounts for 1/4 of the global market, the domestic high-end fur is still a large number of imports.

"The quality of China's mink is the lowest in the world, and it is basically not a Danish trading platform."

In recent years, international mink prices have continued to rise. 350 of the 600 international customers of Copenhagen fur company are from mainland China and Hongkong.

The price of Copenhagen fur auctions also rose by nearly 100% in the past 5 years as a result of the arrival of Chinese buyers.

While in

Under the strong demand, mink big country Denmark

Export volume accounts for 1/3 of China's gross fur imports, and the world fur industry processing center and consumer center are shifting to China.

However, due to the development history and the quality of products, fur clothing

Still in foreign countries, domestic related enterprises' profit margins have been seriously squeezed.

Insiders say that the auction system of fur materials has a great impact on enterprises.

A fur fashion, raw material costs up to 80%, and raw material prices directly promote the rise of clothing prices.

Chairman of the China Leather City of Haining has appointed that the price of the auction will rise immediately as long as the Chinese market is good and all kinds of capital enter.

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From the Zhucheng to the Xinxing town highway, there is a sign of "collecting mink" every 10 meters. However, most of the Martens are very cold.

Wang Shoubao, a Zhucheng native, has been helping the customers from the Hebei area to buy mink for 5 years.

He told me that most of the mink collection in Zhucheng is coming from Tangshan City, Hebei province. "Zhucheng is a mink, and it is very rare in processing and can only be sold to foreigners."

In Hebei, Shang Village, the largest raw and fur trade market in China, the main trade comes from raw skins in Shandong and Northeast China.

Mink from Shandong is mostly low-grade skin.

Market prices showed that the price of domestic mink reached the highest level in 2002, 800 yuan per piece, and 200 yuan per sharp in 2003. After that, the price of the mink reached a trend of 400 yuan in 2010.

Tangshan, which is more than 200 kilometers away from Shang Village, is a gathering place for large mink processing enterprises in China.

The boss of mink processing factory from Tangshan often set up several acquisition points in Zhucheng this year.

Last year, when he collected mink in Zhucheng, he could receive 600 pieces a day, and he could take more than 1000 pieces this year.

"This year there are too many Martens on the Zhucheng side, and the output is very large."

He believes that it is Zhucheng's mink production too much, resulting in this year's price of mink can not go.

We often intend to take advantage of this year's low price of marten and buy some stocks.

Although this year's processing costs are rising, the price of marten slump is not very influential on the mink processing enterprises in the industrial chain of fur industry. "This year, the factory's profits are good. Many large processing plants in Tangshan are in the process of storing mink products while the price of raw leather has fallen sharply this year."

A person in charge of leather city in Haining, China, said that although the price of domestic mink is generally reduced by 30% to 40% this year, and even more than 50% in some areas, the cost of intermediate processing and garment design has not declined. "Now it is not yet the peak season for sale, the mink coat will be reduced and can not be predicted, but this year is definitely the most suitable time to buy mink coat in the past few years."