The Wool Output Of China'S Wool Industry Continued To Decrease.

China is currently the largest wool processing country in the world.

Initial processing

Domestic wool production showed a downward trend.

Zhang Haisen, a research center of the international agricultural cooperation and development center of University of International Business and Economics, said that China's fine wool production is restricted by many factors, such as limited resources of prairie, degeneration of varieties, low prices, increased feed costs and other resources, economic and social development, and the output is shrinking.

At the same time, farmers and herdsmen in the central and western regions of China have not fully benefited from the breeding of fine wool sheep. With the continuous raising of the prices of lamb meat, the opportunity cost of herdsmen raising and processing fine wool sheep has increased, which has intensified the reduction of wool production.

According to Wei Xiaoya, general manager of Australian Wool Innovation Limited China, the number of Australian dairy goats is decreasing. Due to the abundance of rainfall this year, the output of Australian wool is still the same as that of last year.

In addition, wool production in New Zealand and Uruguay has been decreasing.

The price of imported wool has continued to rise rapidly this year. The price of imported wool dollar increased by 44% over the same period last month, while the US dollar price of fat containing wool, which accounts for more than 80% of imports, increased by 49% in 1~7 months.

The change in the exchange rate of the major producing countries has increased the risk of business operation.

The price of national wool also rose as the price of outer wool rose.