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| 16/09/2009 |
| CHINA (CASHMERE) Market Report |
| Chinese Market Update |
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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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