Abstract: The price of mink in our country is characterized by high-frequency fluctuations and large amplitude according to the results analyzed by Hodrick-Prescott filter. Factor analysis method is used to make empirical analysis of the influence factors on the price of mink. The results show that there is a high correlation between domestic price of mink and factors like fixed investment in leather and fur industry, amounts of imports of fur and artificial fur and their products, income level of high-income group, RMB exchange rate against US dollar, amounts of exports of fur and artificial fur and their products, besides, producer price index of fishing products takes the second place.

Key words: price of mink, fluctuations of price, fur animals, Hodrick-prescott filter, factor analysis method