https://www.bloomberg.com/news/videos/2020-01-14/gen-z-happy-to-pay-for-green-products-video

WHY IS CASHMERE SO EXPENSIVE?

Cashmere is one of the most sought-after fibers in the World. Its fine hairs are softer, lighter, and can be up to three times more insulating than sheep wool. It has been a prized material for centuries, but its quality comes at a cost, and a luxury cashmere jumper could cost you well over $500. SO WHY IS IT SO EXPENSIVE?