In April-August, 4,200 tons of goat cashmere were traded on the Mongolian Agricultural Commodity Exchange. This has dropped 21.1 percent from the same period of last year.

Despite declining volume, the trade value has increased by 2.7 percent as cashmere price has increased this year. For instance, in April - July of this year, the price of light raw cashmere was fluctuating between MNT 99-107 thousand. In the same period of the previous year, the price was fluctuating between MNT 63-96 thousand. Also unprocessed cashmere prices rose by around 50 percent to MNT 105 thousand this year.

In the first eight months of the year, total export of dehaired and unprocessed cashmere increased by 24.5 percent from the same period of the previous year to USD 264.1 million.

Source: BloombergTv.mn