Why is cashmere becoming expensive these days?

Cashmere is a very important material for apparel makers especially that cashmere is specifically used for thick jackets used during the winter. Though there are other countries that produce this material, it is but obvious that the industry is suffering from the decline of production thus resulting to a higher demand, lower supply and expensive cost of cashmere scenario.

The main reason why the cashmere wool is becoming expensive these days was the declination in the production. Meaning, farmers are experiencing a decreasing number of cashmere goats and their natural ways of producing the wool. In a CNN report, it has been pointed out that deforestation in Mongolia and over herding is one reason of the decrease in the population of cashmere goats. With lesser area for pasturing goats, there is a thinner chance of producing more cashmere.

In effect, cashmere wool from Mongolia particularly is priced more that other country-producers. But looking at the season, this type of wool is expected to increase in price over the next 6 months or so because of the coming of the winter season.