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| SANDY PARKER REPORT, VOL. 34, ISSUE 1, FEBRUARY 15, 2010
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News. Sandy Parker has been covering the fur industry for over 43 years. For the last 33 years he has published a weekly newsletter, detailing results of all the major international pelt auctions, wholesale price trends, business developments and movements within the trade, as well as economic and political activities that may impact on it. To receive these reports either in print or electronically, subscribe to Sandy Parker Reports, 21219 Lago Circle, Boca Raton, FL 33433; Tel: (561) 477-3764; Fax: (561) 862-7052; SParker@SandyParker.com; www.sandyparker.com
with Sandy Parker Wild fur prices seen advancing NORTH AMERICAN FUR AUCTIONS HAS LAUNCHED ITS BIGGEST WILD FUR CAMPAIGN EVER, with China as the main target. With mink prices having already recovered from last year's slump, the company is putting all its promotional efforts into its Northern Lights wild fur program in hopes of substantially improving wild fur prices. Articles like muskrat, which have been dressed and manufactured in China, now are being consumed there, it points out. Others, like coyote, marten, fox and even fisher, are finding their way into that domestic market. In order for a manufacturer or retailer to participate in the campaign, they must purchase all their wild furs from NAFA. The company is forecasting price increases for all wild furs over last May levels. However, it sees articles that were dominated by Russia having lesser increases as the Russian economy continues to recover from last year's financial crisis. 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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