World fur prices continue to fall

Our friends at the European-based Fur Free Alliance happily announced this week that prices of mink have dropped approximately 40 and 55 per cent respectively at Finland and Denmark’s top auction houses.

The fur industry continues to point to a warm winter in China – the world’s largest purchaser of fur – as the reason for the drop in price. But there is a great deal more involved.

In a press release, the Fur Free Alliance pointed to the fact that major polling is showing European citizens are opposing fur.

“A majority of citizens in European countries – 78 per cent in Sweden, 73 per cent in Crotia and 85 per cent in Italy – consider mink breeding for a luxury product as fur unacceptable,” the release noted. “Fur bans are currently being discussed in a number of European countries.”

Additionally, the Chinese market is dwindling on multiple fronts. Anti-corruption programs, which target bureaucrats and administrators who accept luxury gift items, are making an impact, said executive director of Animalia, Salla Toumivarra. Plus, economic reports show that wealthy Chinese residents are set to spend less on luxury items this year – a four year trend that is continuing to impact the country.

The fur industry is down, but not out, and continue to bully governments to protect them. We know, though, that with your support, we can bring an end to the inherently inhumane industry and protect fur-bearing animals everywhere.

Photo by Jo-Anne McArthur/WeAnimals

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Established in 1953, The Fur-Bearers is a charitable, non-partisan organization whose goals are to end the commercial fur trade and promote solutions for wildlife coexistence in communities. Your donation is tax-deductible.

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