Good News For Elephants: China's Price Of Ivory Has Plummeted
As China prepares to impose a domestic ban on the ivory trade, a new report has found that the price of raw ivory there is plummeting.
It's good news for Africa's elephants, which have been poached by the thousands for their tusks. Many of those tusks are then smuggled to China, which has been one of the world's largest markets for the banned material.
The Save the Elephants researchers found that the wholesale price in early 2014 was $2,100 per kilogram; by last month, it had dropped to $730 per kilogram.