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16/09/2009
CHINA (CASHMERE) Market Report
Chinese Market Update
The downturn of cashmere prices at the beginning of this season offered chinese processors a good opportunity to enter the market and build up some stock.
Today Chinese cashmere spinners and knitters are quite satisfied by the orders they have received.
Their activities are supported by the low value of the raw material, the low Euro/Rmb and Yen/Rmb rates and the growing internal demand for exclusive products.







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EUR USD 1.2685
EUR AUD 1.3929
EUR JPY 106.3200
EUR GBP 0.8260
EUR NZD 1.7644
EUR CHF 1.2827
EUR CNY 8.6145
 
USD CNY 6.7911
 
AUD USD 0.9107
GBP USD 1.5359
NZD USD 0.7190
 
AUD NZD 1.2667
07/09/2010 23:45 (GMT+1)



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