China again tightening rules
SANDY PARKER REPORT, VOL. 31, ISSUE 34, OCT. 29, 2007
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News. Sandy Parker has been covering the fur industry for more than four decades. For most of that time he has published a weekly newsletter, detailing results of international pelt auctions, wholesale price trends, business developments and movements in the trade, as well as economic and political activities that may impact on it.
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International Fur News
with Sandy Parker
China again tightening rules
CHINA, IN ITS EFFORTS TO DEAL WITH ITS HUGE POLLUTION PROBLEMS, is again issuing new rules that signal problems and higher costs for a broad number of industries, including the fur trade. While the country’s industrial expansion in recent years has been tremendous, little attention has been paid to the effects on the environment which, by many accounts, has been ruinous. It is only in the past year or so that the government has been taking measures aimed at forcing the polluters to clean up their acts and return the country to its ‘green’ state. Last year, it temporarily stopped issuing import permits to dressing plants whose effluents were polluting local waters. More recently it indicated a new list of restricted categories would be issued soon.
Last week, the Ministry of Commerce issued a notice that exporters would be banned from trading abroad if they were found in violation of environmental protection rules. An inspection of the enforcement of those rules will be launched soon, it said. According to the notice, some exporters have ignored the country’s regulations on environmental protection while striving to lower their costs. Chinese trade analysts said these are the most severe measures the ministry has adopted to crack down on violations in the last four years. Since raw fur imports for processing and fur garment exports are not now restricted, the belief is there are no changes in their status at this point.
TWO OF NORTH AMERICA’S AUCTION COMPANIES have merged their marketing operations into a single outlet for wild furs. Western Canadian Raw Fur Auction Sales, based in Vancouver, B.C., will now market its entire wild fur collection through Fur Harvesters Auction in North Bay, Ont. This further narrows the number of the continent’s auction houses to three, the others being American Legend in Seattle and North American Fur Auctions in Toronto.
IN THIS ISSUE:
China Again Tightening Rules
Main Target Is Pollution
Fur Status Still Uncertain
Exporters in Yuan Squeeze
Wild Fur Auctions in Merger
For extracts from back issues of Sandy Parker Reports see News Index. Subscribers can access an archive of complete issues at www.sandyparker.com.
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