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    Wool Has Become A Financial Product In Sheep's Clothing.

    2010/8/10 20:29:00 56

    Wool

      

    Recently, the 2010 national textile raw material information exchange and wool trade association's seventh wool were jointly organized by the China wool trade association, the Xia Li wool (China), Lihua (Ningbo) wool industry Co., Ltd., Tianjin Tianyang Textile Co., Ltd., Beijing West West United Trading Co., Ltd. and the Zhangjiagang bonded area wool trading market.

    salon

    "Attracted nearly 200 people from the national wool textile industry to attend the meeting.


    The cost of wool raw material accounts for a large proportion in wool spinning. Therefore, the price of wool is the most discussed in every wool forum. This conference is no exception.

    Apart from discussing prices, some of the controllable costs have also been put on the table.


      

    The wool became "sheepskin".

    Finance

    product


    On the day of the discussion, the Australian wool auction index was around 8.7 Australian dollars / kg.

    Ying Zhongyi, general manager of Lihua (Ningbo) wool industry Co., Ltd. and Zhu Xiaofeng, chairman of Zhangjiagang Jin RI Wool Textile Co., all believe that the price of wool is on the high side and the future price of wool is bearish.

    However, because wool production is decreasing continuously, it is a fact that the future price of wool is unlikely to fall. The price of wool will linger around 8.5 Australian dollars / kg in the future.


    When delegates predict the future gross price, they choose to add such an attribute before the prediction.

    exchange rate

    Factor ".

    Hu Xuanxuan, a foreign agent who acts as a multinational trade in wool products, describes wool as "a financial product wrapped in sheep's clothing" and is very difficult to grasp.

    She said that although the export of Australian wool was very large this year, foreign trade had been laborious, but its profits were very small.

    Most of the profits were dissipated by the large fluctuations in the exchange rate.


    Many manufacturers also hope that the exchange rate will remain stable, so that the price of wool can better reflect its value.

    Qu Jiande, general manager of Changshou City Xinguang wool top processing Co., Ltd. and Zhu Zhongxian, chairman of Jiangsu Afeng group, believe that the exchange rate of wool exporting countries is unstable, and the price fluctuation of wool will greatly affect the sale of wool tops and the use of wool.

    Now that the order price of textile products is low, and when the price of wool goes up, the factory will choose to use more alternatives, so the use of wool will be reduced a lot.


    Speaking of the exchange rate in recent days, almost all wool producers are able to respond.

    Opening the computer in the morning to check the exchange rate has become the habit of many executives in wool trade and wool production.


    Ying Zhongyi believes that Australia is an exporter of raw materials and does not expect the exchange rate to be too high. However, the US dollar has great impact on it, and its exchange rate remains very uncertain.


    Wool exporters' exchange rate is unstable, which has a greater impact on wool traders.

    Since the beginning of this year, trading companies have not been very active in importing wool, and the complex economic situation has made trading companies relatively quiet.


    "In fact, another factor affecting wool prices - wool production has been decreasing in recent years."

    Feng Bing, manager of Lihua (Ningbo) wool industry Co., Ltd. analyzed the wool production of Australia in recent years.


    According to Tan Xinfeng, general manager of New Zealand wool Bureau, wool production in New Zealand has dropped even more.

    The number of sheep in New Zealand is only 41% lower than 20 years ago.

    Moreover, the prices of dairy products and meat products are much higher than those of wool prices. The proportion of wool in the income of New Zealand herdsmen is gradually shrinking.

    In addition, the cost of shearing is rising, and the cost of shearing 1 kilograms of wool will account for half of its income.

    Because of the disproportionate input and output, New Zealand even gave up the support of the wool industry to some extent.

    According to media reports, a sheep in New Zealand did not cut its hair for 6 years.

    To a certain extent, this reflects a phenomenon, that is, the enthusiasm of New Zealand herdsmen is not very high.


    In the face of the volatile exchange rate, the impact of the decrease in wool production on the price is very small.

    "Wool price fluctuation depends mainly on exchange rate" is a consensus among wool industry people.

    The exchange rate fluctuation of wool exporting countries has great influence on gross price, but the fluctuation of exchange rate can not be controlled by enterprises.

    Under such circumstances, reducing the controllable cost has become the choice of many companies.


      

    Take seriously the import and processing of wool


    In the face of unstable wool prices, some wool producers say that no matter whether the price of wool is high or low, they usually buy raw materials when needed, and reduce the cost pressure caused by the price increase of raw materials through energy conservation, emission reduction and product innovation in production.


    It is understood that the pressure encountered by production enterprises is not just raw materials.

    Zhejiang decided to implement electricity consumption control for high energy consumption and high emission enterprises during the summer rush hour.

    During the summer peak period from the peak to the peak (July 1st ~9 13), 15 days are divided into 5 periods.

    Another spokesman for the Jiangsu power company, another big province of wool processing, said: "once the power shortage continues, the power companies will give priority to protecting the electricity consumption of key users, key projects and residents, and adopt measures such as power rationing for high energy consuming enterprises according to policies."


    According to Xiao Jinwen, chairman of Changzhou Yuyang Materials Co., Ltd., now the cost of making strips is increasing, the cost of cleaning is falling, and the cost of gross processing is falling.

    In view of these difficulties, the policy of Changzhou Yuyang Materials Co., Ltd. is to work hard in developing new varieties, constantly developing new products, and carrying out production adjustment according to the profit of products.


    In the first half of this year, wool imports reached the highest level in the same period.

    The enthusiasm of enterprises to buy wool is relatively high.

    Wang Xiaolong, general manager of Hengsheng international trade company in Tianjin (Port Free Trade Zone), appeals to everyone to purchase rationally.

    "Buying wool is only a matter of minutes, and selling wool may be a matter of half a month or even months."

    Wang Xiaolong said.


    The pportation problem of wool imports can not be ignored.

    According to Yuan Jianhua, general manager of Shanghai Huawei International Freight Co., Ltd., some wool importers do not work meticulously, resulting in a significant increase in pport costs.

    He reminded wool importers to urge foreign businessmen to find a better shipping company when loading the ship, so as not to increase unnecessary expenses. At the same time, they should also seek qualified freight forwarding companies to carry out customs clearance business when declaring customs.


    It is also reflected that some foreign businessmen sell wool to domestic enterprises by mixing wool in order to cater to the psychology of Chinese wool textile enterprises to buy cheap wool.

    Hu Guohu, general manager of Beijing West West United Trading Co., Ltd. reminded delegates that there were many impurities mixed in low carbonized wool and down hair this year, and most of them were imported to China.

    Enterprises should pay attention to the quality of these wool when importing cheap fur.


    Song Lixin, manager of Nanshan Group, Xu Jun, general manager of Zhangjiagang Australia raw materials Co., Ltd., Qian Yaoyu, general manager of Zhangjiagang Jin Meng dyeing and dyeing Co., Ltd., Liu Juntao, deputy general manager of Shandong Oriental seagull Trade Co., Ltd., ABB, Zhong Jun, Shanghai office, Zhang Qingyun, general manager of Zhejiang Yun yuan woolen raw materials Co., Ltd., Liu Baoyin, manager of import and export Limited by Share Ltd of Tianjin Textile Group, Wei Mingzhong manager of Ningbo Huafeng knitting garments Co., Ltd., chairman of Tianjin Tianyang Textile Co., Ltd., British Dawson wool office and so on.

    "The second half of the market mainly depends on the exchange rate, and the profit of each of our enterprises depends mainly on our ability to reduce controllable costs."

    General manager of Zhangjiagang Yangzi combed top Co., Ltd.

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