International Gross Price Is High &Nbsp; Domestic Enterprises Are Miserable.

Since March 2012, the outlook for the world economy is still unclear. The US housing sales volume is not as good as expected. Bernanke once again warned the European debt crisis did not end. The Chinese government announced that the economic growth index has slowed down.

The accumulation of uncertainties has not stopped the rising trend of international wool prices. Because of the global supply worries, wool prices are still surprisingly high, and the varieties of wool purchased have also become diversified.

International wool prices high

At the end of 3, the eastern Australian market index closed at 1212 Australian dollars / kg, while the US gold price closed at 1255 cents / kg, down 0.4% and 2.3% respectively from last month's closing.

In the early March, the global economic recovery was once again tested, and bad news suppressed the adjustment of non US currencies.

The Australian dollar fell all the way, hitting the lowest level of 1.036 in two months. Then, as there was no new news from Europe, the risk appetite rose. It is important that China's leading indicators rise, and the Aussie dollar has risen sharply against the US dollar, reaching a maximum of 1.0480.

In March, the supply of Australian wool market was 224054 packs, with a turnover of 200069 packages, with a turnover rate of 89.3%.

The top five buyers of wool are: (AO) Viterra wool company, buying 24855 woolen bags, Tek wool company, buying 12965 wool bags, Fox Leigh company, buying wool 8843 packs, Williams wool company, purchasing 8182 wool, Chinese spinning (Australia), buying 6976 wool bags.

In recent years, the New Zealand market has been improving consumer enthusiasm, making the whole market steady and some wool varieties popular.

In particular, fine crossbred wool and two shearing were favored by Chinese buyers, and prices gradually rose.

However, at the end of March, the new yuan exchange rate strengthened, and exporters' capital flow was tight, demand was reduced, and the market declined greatly.

According to the observation of wool market in Nanjing, the five auctions in March compared with last month's situation, the price of lamb, fine count crossbred wool and coarse crossbred wool rose all the way, and there was no auction of Chinese branches.

Compared with February, the index of fine crossbred wool reached 566 new cent / kg net hair (-0.4%) in March, and the crude Brix hybrid index reached 500 new cent / kg net wool (+0.2%); the lambs index reached 554 new cent / kg net wool (-2.1%).

In March, because of the risk aversion of investors, the weakening of commodity prices, the increase of GDP in New Zealand in the fourth quarter of last year, and the concern of investors on China's economic slowdown, the NZD dollar exchange rate had a brief pullback, but at the end of the month, it rebounded to 0.8190.

In March, the supply of New Zealand wool reached 58308 packs, with a turnover of 48860 bags and a turnover rate of 83.8%.

The top five buyers of wool are: New Zealand International Wool Company, buy 12050 packages, Matthew company, purchase 10300 packages, Forman company, purchase 8850 packages, JSB company, purchase 6900 packages, Xia Tian wool company, buy 2600 pack.

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South Africa

The South African Mohair market held the second and third auction of South African summer Mohair in March.

The total supply is 339652 kg, with a turnover rate of 95.2%.

The second auction rate strengthened again, and the market index fell.

But Ma Haimao, who had a longer hair length, was greatly sought after by buyers. Adult Ma Haimao performed exceptionally well, especially the fine adult Ma Haimao.

The third auction was the largest and the market remained competitive and prices rose.

The auction market index ended at 91.43 RAND / kg, but still below the first auction price level.

Poor domestic orders and sluggish sales

At home, the price of wool itself is indeed encouraging, but it is also pessimistic from the perspective of wool industry and demand orders.

If the price of wool has not been able to reach a reasonable price, the proportion of wool in yarn, especially in knitting yarns, will be less and less, and gradually become a luxury.

Nowadays, the wool market is like an operation market, and many companies have adopted the business mode of leaving the market and getting involved in the market.

After spinning, the worsted fabric is normal, while the woolen and semi worsted are in a relatively cold state. Because of the fear of shorting the market, they are stocking up in small quantities and the order is fragmented.

With the sharp fluctuations of global commodities and futures, there are so many variables that we suggest that we follow the market.