Posts Tagged ‘change in tastes’
Down is Up
The cost of down is up from $12/lb in ’09 to almost $30/lb today, while duck down has risen from $10/lb to $19/lb over the same period. Diet and urbanization are primarily why. As the Chinese become wealthier city-dwellers, fewer and fewer of them are raising ducks for food. Exacerbating this trend, worldwide demand for…
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