Elephants Get a Reprieve as Price of Ivory Falls<br />According to a report released on Wednesday by Save the Elephants, a respected wildlife group in Kenya, the<br />price of ivory is less than half of what it was just three years ago, showing that demand is plummeting.<br />The price of ivory in China, the world’s biggest market for elephant tusks, has fallen<br />sharply, which may spell a reprieve from the intense poaching of the past decade.<br />"There is still a long way to go to end the excessive killing of elephants for ivory,<br />but there is now greater hope for the species." Elephants have been slaughtered by the thousands in recent years in what appeared to be an insatiable quest for ivory.<br />Iain Douglas-Hamilton said that We must give credit to China for having done the right thing,<br />According to Save the Elephants, the wholesale price of an elephant tusk was $2,100 a kilogram in 2014.<br />According to the report, China plans to shut ivory factories at the end of this month and close all retail outlets by the end of the year.
