HC Leather Network News, recently, the world's largest cashmere sweater processing base in Inner Mongolia Autonomous Region cashmere prices have been hovering at low levels, although the current cash sales season, but a large number of cashmere is still backlog in the hands of farmers.
At present, there are more than 150 cashmere processing enterprises in Inner Mongolia. The output, sales revenue, and export delivery value of cashmere products rank first in China. Since the cashmere began in May of this year, the prices of cashmere in Inner Mongolia have remained at 160-200 yuan per kilogram. The number of companies purchasing cashmere this year has also been reduced by about 60 yuan compared to last year. For example, in July of previous years, there were more than 20 cashmere fixed acquisition points in Wulatehouqi, Inner Mongolia, and this year Only one cashmere company set up an acquisition point.
Wang Yaofu, deputy animal husbandry division of the Agricultural and Animal Husbandry Bureau of Ordos City, Inner Mongolia, said that "The sales volume of cashmere processing and sales companies has dropped due to the impact of the international financial crisis. In particular, the export volume of cashmere and cashmere products has dropped. Causes a backlog of raw materials for the company."
According to relevant data, China's famous cashmere products company - Inner Mongolia Erdos Cashmere Industry Group, orders for the first half of this year was 2.92 million, about 550,000 less than the same period last year. 
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