As the Spring Festival draws near, the Lai Ting Changli fur market is seeing a shift in activity. Most of the buyers currently active are middlemen who have sourced their goods from local farmers. This year, however, many of these middlemen have chosen not to hold onto their skins, opting instead for short-term strategies that don't involve long-term inventory. With the market showing signs of stabilization and risks diminishing, they've become more cautious. When they spot an increase in skin values, they tend to buy less, preferring to wait for clearer signals before committing.
Currently, sales of silver fox pelts are moving relatively quickly, with head fodder prices remaining steady between 700 to 800 yuan. However, there's limited room for further growth in this segment. Blue fox traders, on the other hand, have been more cautious in recent days. Some had initially bought water skins at around 30 yuan per piece, but once prices rose slightly, they stopped purchasing. Meanwhile, mink pelts have benefited from the high prices of their larger counterparts—blue fox and silver fox. The price of mink appears more stable than before, yet middlemen remain indifferent to the current performance. They aren’t particularly excited about the market trends, and as a result, their buying enthusiasm has not picked up much.
Farmers, on the other hand, are taking a more relaxed approach. They are optimistic about the future of the market and aren’t rushing to sell. With confidence growing, many are choosing to hold onto their stocks, waiting for better opportunities to come along. The overall sentiment suggests a more balanced and stable market environment, with both buyers and sellers adopting a wait-and-see attitude ahead of the holiday season.
Shaoxing Xiaotrain Imp.&Exp Co., Ltd , https://www.xiaotrain.com