Fur Auction Is Affected By The Economic Situation, Purchasing Power Has Declined.

The uncertainty of the economic situation has a certain impact on the September auction of the family fur.

Saga Furs family

The September auction will be held on September 15-21.

China's slowing economic growth and recent stock market volatility have further worsened the political and economic situation in Russia, which has made the international fur industry's confidence more affected and its purchases more cautious.

In spite of the severe market situation, the September auction of the family fur leather still attracted 400 international buyers, of whom China and Hongkong had the largest number of buyers, reaching 150.

1 million 800 thousand tickets for this auction.

They are mainly seed coat, summer skin and some low grade skin.

The sale price of seed coat is about 20-25% lower than that of June auctions.

After the auction in September, the sales of mink fur sold by the world's fur industry were 97%.

Chinese market led blue fox sales

Nearly 300 thousand of the blue fox sold in the auction in September sold 80% of normal leather.

This auction will provide all the trumpets in the sales season.

The sale price of high quality and large leather is similar to that of June auctions, while the price of small leather and lower quality leather has a decrease of 20-30%.

The supply of 165 thousand kinds of seed coat and low quality leather sheet in fierce competition, the price is close to the normal leather level.

The main buyers are from China and Hongkong, and buyers from Europe and other markets are also actively participating in the auction.

The fall in price has attracted more market participation and interest. The purchase quantity of buyers in Europe, North America, Korea and Japan has been significantly improved than before. This will make the international garment market display more abundant fox fur products and further enhance the popularity and popularity of fox fur.

Next March will be the first time in the next auction season to supply Saga family water mink.

Saga Furs family fur will continue to supply mink skin at auction next March.

The March auction will be family fur and ALC American legend auction house and FHA.

The auction companies joint auction will be held on 8-18 March.

Since Chinese buyers usually start buying raw materials in large quantities after the Spring Festival, the auction time in March will be very suitable for Chinese market demand, and Saga Furs family fur will further increase mink supply at this auction.