Why the price of cashmere can vary by thousands of dollars
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- Cashmere products can range from as little as $40 to as much as $2,400.
- Cashmere made with Mongolian goat wool is considered the highest quality, having the longest and most resilient fibers.
- Buyers should beware of counterfeit cashmere or "cashmere blends," which may be lower in price but not made of 100% cashmere.
- In 2016, $1.4 billion worth of cashmere items were exported across the globe.
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