MONGOLIA’S GROWING CASHMERE SECTOR NEEDS TO DEVELOP LOCAL MANUFACTURING AND QUALITY CONTROL
July 1st, 2016
MONGOLIA’S raw cashmere production is growing. The number of goats supplying this luxury fibre increased by 2.9 million to 24.9 million in 2015 compared with 2014, bringing production to 7,470 tonnes last year, according to Mongolia-based Monital Cashmere.
Indeed, the country’s major cashmere manufacturer the Gobi Corporation, stresses that Mongolia is the world’s second largest producer of cashmere – supplying 41% of global production (in 2014), second only to China.
A spokesman for Gobi company stressed that company is one of the five largest ...
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