齐鲁晚报·齐鲁壹点 魏银科 马玉姝 尹睿 张志恒 #1吨鸭绒从17万涨到58万#、#羽绒服出厂价已逼近千元##300元能买到真羽绒服吗#、近日，与气温一同 牵动市场的，还有鸭绒的价格。社交媒体上，关于羽绒服"是否越来越买不起"的讨论热度未减，而相关 数据显示，支撑起冬日温暖的这层羽绒，正经历一场剧烈的价格波动：羽绒金网11月25日的数据显示， 白鸭绒价格已飙升至564.06元/公斤，同比上涨11.91%。 "17万元/吨是多年前的价格了" 当前鸭绒价格是多少？记者咨询了从事羽绒服行业多年的资深人士周建国。 今年鸭绒价格为何大幅上涨？商场里的羽绒服涨价了吗？羽绒价格未来走势如何？记者多方采访，试图 揭开这场"羽毛风暴"的真相。 "当前鸭绒价格约58万元/吨，去年是40多万元/吨。现在网上说的那个"17万元/吨"是多年前的价格，噱 头而已，不符合当前市场情况。"周建国对热搜词条"1吨鸭绒从17万涨到58万"给予澄清。 而羽绒金网的数据，也印证了周建国的说法，2025年11月20日，GB/T 14272-2021标准下的白鸭绒当前 价格为559.32元/公斤，相较于去年同期，涨幅达到7.6%。更值得关注的是其近期的 ...

"90白鸭绒今年4月是价格低位， 9月之后羽绒服进入消费旺季，白鸭绒的价格就节节攀升，10月份几乎是一天一个价 ，上游的成本都是实时传导到 厂家。"平湖·中国服装城运营总监陈杰今日对财联社记者表示，90绒的品质不同，商户和厂家拿到手的价格有差异，但整体上涨态势是很 明显的，"这段时间没有在涨了，准确来说是维持在高位。" 羽绒需求具备较强的季节性，冬天随着需求的增加，羽绒价格往往涨至年内高位 。羽绒金网负责人吴宇介绍，以平常用量最多的90白鸭绒为 例，现在的价格大概是56万元一吨，9月底的时候是47万元左右一吨，两个月涨幅约20%。" 羽绒分为鸭绒和鹅绒，其中鸭绒占比较高。鸭绒主要从鸭毛中提取，羽绒涨价，产业链跟随获益。 财报显示，白羽肉鸭屠宰龙头企业益客食品2024年羽绒销量同比增加19.48%至 1.80万吨，收入同比增加28.03%至9.19亿元，毛利率同 比增加3.57%至11.68%。 益客食品（301116.SZ）相关负责人对财联社记者表示，近期天冷了，鸭毛价格往上走了。古麒绒材（001390.SZ）证券部工作人员同样 表示，羽绒的价格变动符合公司的预期，公司具备一定的库存，目前需求正常。 虽然羽绒 ...

中央气象台发布统计信息，14日至17日，我国今年下半年首轮大范围寒潮天气即将自西向东影响我国，多地降温超过10℃。降温背景下，羽绒服 涨价、鸭绒涨价等问题引发关注。据半岛都市报，有业内人士指出，成本飙升致正规厂家羽绒服出厂价逼近千元。 ▲11月19日，河南信阳一工厂生产车间内，工人正在生产羽绒服 图据视觉中国 国研新经济研究院创始院长朱克力告诉红星新闻记者，网络上关于"因猪肉价格降低导致鸭子养殖减少从而使鸭绒涨价"的说法有一定合理性。他表示，猪肉 价格低时，消费者会更多选择猪肉，鸭肉需求减少，养殖户为减少损失会减少鸭子养殖量，鸭绒产量随之降低，市场供应减少，价格随之上升。鹅绒情况类 似，养殖规模受市场整体需求影响。 11月21日，中国羽绒工业协会信息部一位工作人员告诉红星新闻记者，羽绒是鹅鸭养殖业的副产品，上游养殖户养殖鸭鹅，不是为了产绒，是为了吃肉。 "绒在一只鹅或者一只鸭子身上的经济价值占比不是很高的，主要还是为了吃肉，所以鸭肉和鹅肉的消费市场就决定了鸭鹅的养殖量。那么猪肉价格下降了 以后，更多人会选择吃猪肉，吃鸭子的就少了，鸭肉卖不出去，那养殖场自然会降低它的养殖量，羽绒的产出就少了。产出一少，大家都去 ...

Market Overview - The market opened high but closed lower, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index down by 0.4%, 0.76%, and 1.12% respectively, indicating a continued money-losing effect across the market [3] - Over 3,800 stocks declined while more than 1,400 stocks rose, with total trading volume shrinking to 1.7 trillion [3] Fujian Local Stocks - Fujian local stocks experienced significant volatility, with HeFu China achieving a 15-day streak of 13 limit-ups, accumulating a rise of over 290% [6] - Other notable performers included Jomoo with 7 consecutive limit-ups, Aerospace Development with 5, and Rongji Software with 4 [6] - Conversely, Longzhou Co. hit the limit down, and several stocks like Zhongfu Tong and Hongxiang Co. fell over 10% [6] - The overall Fujian local stock index saw a slight decline of 0.27% despite an early drop of over 2% [6] Brokerage Firms - Three brokerages, Xinda Securities, Zhongjin Company, and Dongxing Securities, announced a restructuring plan involving a share swap merger [8] - Following the announcement, Dongxing Securities saw a significant intraday rise of over 4.6% [8] - Other brokerages and financial stocks opened higher but ultimately closed lower, with the brokerage sector down by 0.43% [11] Real Estate Sector - The real estate sector experienced a surge due to external media reports, with stocks like I Love My Home and 365 Network hitting limit-ups [12] - The real estate brokerage sector rose by 5.77%, while the broader real estate market saw a slight decline of 0.15% [13] - The market reaction was characterized by rapid price movements following the news, indicating a potential speculative environment [14] Specific Stocks and Trends - Guqi Down Material saw a small fluctuation in the morning but rallied in the afternoon, achieving a 2-day limit-up [16] - The stock's rise is attributed to the cold wave driving demand for down products, alongside other stocks like Jingneng Heat Power benefiting from heating supply concepts [16] - The recent increase in duck down prices has also contributed to market interest in Guqi Down Material, filling a gap for direct duck down concept stocks in the A-share market [19]

多只跟踪纳斯达克100指数的QDII发布溢价风险提示 11月19日，富国纳斯达克100ETF、华夏纳斯达克100ETF、华泰柏瑞纳斯达克100ETF等多只跟踪纳斯达 克100指数的QDII发布溢价风险提示公告。公告指出，相关基金的二级市场交易价格明显高于基金份额 参考净值，出现较大幅度溢价，特此提示投资者关注二级市场交易价格溢价风险。 (证券时报) 多家黄金珠宝品牌单克足金饰品价格重回1290元上方 多家黄金珠宝品牌公布的国内足金饰品价格止住跌势，重回1290元/克关口之上。具体而言，11月19 日，周生生足金首饰境内价格为1296元/克，周大福足金（饰品、工艺品类）、谢瑞麟足金饰品、潮宏 基足金（首饰摆件）境内价格为1295元/克，六福珠宝足金999/足金为1293元/克，单克均较前一日上涨7 元。老庙黄金上海区域足金饰品价格为1291元/克，单克较前一日上涨6元。（上证报） 闪存全面大幅涨价 最高涨幅达38.46% 继DRAM大幅涨价后，闪存（Flash）也全面涨价。据CFM闪存市场最新报价，11月19日，Flash Wafer （闪存晶圆）价格全面上涨，最高涨幅38.46%。具体来看，1Tb QLC涨2 ...

Core Insights - The price of down feathers, particularly duck down, has seen significant fluctuations, with prices for white duck down rising from 170,000 yuan per ton to approximately 580,000 yuan, while goose down is priced at 980,000 yuan per ton [1] - The production cost for a short adult down jacket has increased, requiring around 100 duck down feathers, leading to factory prices nearing 1,000 yuan [1] - The quality of down is not solely determined by whether it is goose or duck down; rather, it is influenced by the maturity and growth cycle of the birds [2] Price Trends - Current market prices for white duck down have increased dramatically, with a reported rise from 170,000 yuan to 580,000 yuan per ton [1] - Goose down is currently priced at 980,000 yuan per ton, indicating a premium over duck down [1] Quality Comparison - The quality of down feathers is more related to the maturity of the birds rather than their species; older ducks can produce down with better loft and insulation properties compared to younger geese [1][2] - It is deemed unscientific to claim that goose down is universally superior to duck down, as the quality can vary based on several factors [2]

Core Viewpoint - The article emphasizes the importance of understanding the quality indicators of down jackets, particularly focusing on down content, material properties, and potential health risks associated with inferior products [1][5]. Group 1: Down Quality Indicators - Down jackets' warmth is primarily determined by down content, which should be at least 50% according to the new national standard [13]. - The filling weight, or "充绒量," is crucial; a higher filling weight (≥85%) indicates better warmth [13]. - The loftiness of down, which refers to the volume occupied by an ounce of down, is essential for insulation efficiency; higher loftiness means better warmth and lighter weight [13]. Group 2: Material Properties - The fabric of down jackets serves as the first barrier against heat loss and cold air intrusion [9]. - Key fabric properties to consider include windproofness, water resistance, breathability, and fabric density, all of which contribute to the overall warmth and comfort of the jacket [11]. Group 3: Health Risks - "Glue down" is a fraudulent practice where chemical agents are used to artificially increase down content, posing health risks to consumers [6]. - "Dust down" consists of short down fibers and dust generated during production, which can lead to respiratory issues and skin allergies if inhaled or contacted [6].

Core Insights - The down jacket market is experiencing a sales peak as temperatures drop, but consumers face issues with misleading product quality and difficult return processes [1][2] Group 1: Market Issues - Many consumers report receiving inferior products, such as jackets advertised as containing high-quality down but filled with substandard materials [1][2] - The practice of substituting down with lower-quality materials like "silk" is prevalent, leading to confusion among consumers regarding product quality [2][3] Group 2: Consumer Experiences - Specific cases highlight the challenges faced by consumers, such as receiving jackets that do not match the advertised specifications, leading to dissatisfaction and financial loss [1][4] - Consumers often encounter difficulties in seeking redress, with platforms providing limited support and compensation [4][5] Group 3: Regulatory Context - New national standards in China require clear labeling of down content, yet some merchants exploit consumer ignorance by misrepresenting their products [2][3] - The international down and feather industry is also tightening regulations, emphasizing the need for accurate labeling to protect consumer rights [2]

Company Overview - The company focuses on the R&D, production, and sales of high-specification down products, primarily goose and duck down, used in clothing and bedding [2][3] - It aims to lead industry standards through technological strength, quality service, and clean production practices, contributing to high-quality industry development [2][3] - The company is committed to becoming a global brand in high-specification down materials, enhancing operational scale and market share [3] Industry Technology and Characteristics - The industry involves advanced production technologies, including down processing, detection, and wastewater treatment technologies [3][4] - Leading companies implement self-built water reuse systems for wastewater treatment, promoting sustainable development while reducing production costs [3][4] Supply Chain Dynamics - Upstream, the scale of poultry farming ensures stable raw material supply, while downstream demand for high-quality down products drives industry growth [4] - Downstream industries, such as down apparel, significantly rely on down materials, which account for approximately 45% of production costs [4] Risks and Challenges - The company faces risks including price fluctuations of down, declining market demand, competition, product quality issues, changes in tax policies, and environmental regulations [4] Procurement and Customer Structure - The procurement strategy includes sourcing raw materials, energy, and equipment, with a focus on establishing strategic partnerships with core suppliers [4][5] - The company targets the mid-to-high-end market, maintaining a broad customer base that supports steady growth [5] Future Strategy and Development - The company plans to enhance its technical talent pool and R&D capabilities, focusing on clean production processes and product innovation [5] - Future growth is expected through expanding production capacity, with current output exceeding 2,000 tons annually, aiming to double this capacity [5] Environmental Initiatives - The company has implemented a large-scale water reuse system, processing wastewater to meet reuse standards, thus addressing environmental concerns and conserving water resources [5]

Group 1: Company Overview - The company focuses on the research, production, and sales of high-specification down products, primarily goose and duck down, used in clothing and bedding [2] - It aims to lead industry standards through technological strength, quality service, and clean production practices, contributing to high-quality industry development [2] - The company operates a national-level green factory with a daily operation capacity of 10,000 tons of reclaimed water, promoting energy conservation and carbon reduction [2] Group 2: Core Technologies - Key technologies include clean production processes and testing techniques for down materials, primarily sourced from independent research and development [3] - The company has developed various technologies such as biochemical washing processes, dust reduction techniques, and antibacterial down production methods [3] - Functional down material research includes surface modification technologies and self-cleaning down production techniques [3] Group 3: Environmental Commitment - The company has been recognized as a national-level "green factory," playing a leading role in energy conservation and carbon reduction [3] - Its down products align with circular economy development requirements, representing the industry's commitment to resource recycling and utilization [3] - The company has been awarded as an "Anhui Province Circular Economy Demonstration Unit" [3] Group 4: Sales Model - The company employs a direct sales model, primarily targeting brand merchants and OEM factories [4] - Sales contracts are established between the company and clients, with pricing based on market rates and negotiated through commercial discussions [4] - Brand merchants may sign framework agreements detailing total procurement volumes and product specifications, with OEM factories executing orders based on these agreements [4]