herder poverty from low prices

In the current climate, cashmere pullovers are retailing at a significantly reduced price and are no longer considered to be a luxury item. Cashmere has become less exclusive and is now a more affordable commodity. Subsequently, the grasslands of Mongolia are paying the price. The social impact created by underpaid farmers and an opaque supply chain is also a source of concern. With alarm bells ringing worldwide, particularly in the fashion industry; we need to respond urgently

There is also concern for the nomad herdsmen’s welfare, as prices have fallen dramatically

herder poverty from low prices Low / depressed cashmere prices cause poverty among herders and reduce their welfare.