Wool Market In October 2010

[viewpoint] international exchange rate and supply are the fuse of price rise.

First, the Australian dollar and Australian wool go hand in hand to create new heights.

In October, the US dollar went back to its declining trend. From the beginning of the US Federal Reserve's quantitative easing policy, the US dollar was destined to ride the "roller coaster" weakness.

In October, the main non US offensive was higher than a wave, especially the Australian dollar broke through the one to 27 mark, which shrank from its new high in the past 27 years to the highest level in October, the lowest in October.

In addition, the Australian wool shearing period delayed, resulting in insufficient supply, and also created an atmosphere of rising wool prices in the auction market. The superposition effect made the gold price of Ao Mao in the international market hit the highest in nearly 20 years.

According to the observation of wool market in Nanjing, the eastern Australian wool auction market composite index rose all the way, and finally closed at 949 Australian cents / kilogram net hair, which has written the new high this year.

Australia's high exchange rate also raised the index US gold price to 926 cents / kg, the highest since Australia's abolition of the protective price.

According to the statistics of Nanjing wool market, the monthly average index was 919 Australian cents / kg, an increase of 5.5%, an increase of 6.8% over the same period last year. The average price of the index is 905 cents / kg, up 88 cents / kg from the previous month, rising 10.73% from the previous month, an increase of 126 cents / kg compared with the same period last year, up 16.24% over the same period last year.

2000~2010 October eastern Australia wool auction market index US gold price trend

The Nanjing wool market reminds the industry that the auction price of Australian super fine wool and fine Merino wool has exceeded the highest level in October. The auction of medium fine Merino wool is approaching the price of the beginning of the year.

But the surge in the Australian dollar made the US dollar price of all kinds of wool in the Eastern market hit a new high in the year.

Around the wool auction was held in Sydney, Melbourne and Freeman auction market. 184426 bags of wool were listed on the market, with a turnover of 175815 bags, with an average turnover rate of 95.3%.

The top five buyers who compete in wool are: (Australia) Tek wool company buys 18207 bales of wool; Viterra wool company buys 15885 bales of wool; Queensland Cotton Corp buys wool 13464 packs; Williams wool company buys wool 12439 packs; Fox Leigh company buys 10246 packets of wool.

Two. New Zealand's hybrid wool is strong.

According to the observation of wool market in Nanjing, in late October, the price of hybrid wool rose sharply in the auction market due to the shrinking supply of New Zealand wool.

Compared with September, the average price of fine wool is 1480 new cent / kilogram net wool, up 80 new cent / kg; average price of medium fine wool is 718 new cent / kg net wool, up 6 new cent / kg; the average price of fine wool and coarse crossbred wool is 504 new cent and 485 new cent / kilogram net hair respectively, the difference rises 71 new points and 100 new points / kilograms.

Under the help of the New Zealand dollar appreciation, the price of hybrid Mao gold rose sharply. At the end of the month, the market auctions closed at 385 cents and 365 cents / kg respectively, up 17% and 16.6% respectively.

The New Zealand dollar continued to be strong in the exchange rate war, with a peak of 0.7680 and a low of 0.7326 during the month.

In October, it was auctioned for two weeks. The market supplied 36578 packets of wool and 35146 bags of wool, with a turnover rate of 96%.

The first five buyers of wool were: New Zealand International Wool Company bought 9550 packets of wool; Matthew bought 5450 bales of wool; B&B bought 4300 bales of wool; JSB bought 4000 bales of wool; Forman bought 3700 packets of wool.

Three, other wool market quotes

Uruguay wool Market: compared with other wool products, the price of wool increased moderately in October.

Compared with last month, the price of the 21.1-22.5 micron Merino fine coat was increased by 0.2-0.7 US dollars / kg net wool, and the price of 27.6-29.5 micron corlewood middle branch was rising at 0.2-0.4 US dollars / kg net wool.

The wool market in South Africa: wool prices and trading volume have been keeping good for a month.

A total of 33553 bags of wool were listed around the auction, with a turnover of 32742 bags and a turnover rate of 97.6%.

The price of wool rose sharply from last month, and the last auction index ended at 62.56 RAND / kg, an increase of 5.23 RAND / kg, or 9.1%, compared with the end of September.

The Mohair market in South Africa: the two auction price of mohair in October fluctuated significantly, with the total number of photos taking about 176 tons, with an average turnover rate of 75.3%.

The average price of the fifth auctions in the winter of 2010 was 77.61 RAND / kg, down 0.17 RAND / kg from last month, up 4.33 RAND / kg compared with the same period last year.

The wool market in the United Kingdom: the two auctions in this month rose continuously, while the fine wool, semi purebred and crossbred wool rose by nearly 20%.

About 1200 tons of raw wool were supplied this month, and the demand was strong, resulting in a turnover rate of 100%.

[viewpoint] domestic wool business is fierce and enterprises are facing difficulties.

October, coincided with the peak production of domestic wool textile enterprises. With the gradual recovery of the world economy, wool textile exports are in a good position and the market demand is stable.

However, driven by the soaring price of wool in the international market, the gross domestic product price of the domestic market is rising, and the highest price point has been made to the market.

In October, the composite index of Nanjing wool market quotation was 61.21.53 yuan / kg monthly, 4.57% higher than the ring, and 15.53% higher than the same period last year.

Statistics on quotations of Nanjing wool market in October 2010

Variety index average price (yuan / kg) ring ratio (September 2010) year-on-year (09 October)

Australian wool 74.768.68%15.83%

Australian wool combing strip 85.516.07%7.50%

Australian carbonized wool 61.585.75%11.44%

New raw wool 29.765.87%9.48%

New washed wool 30.8814.79%21.53%

New wool self combing strip 37.3411.03%30.26%

Uruguay top 41.441.66%10.99%

European top 36.098.98%34.90%

China's top 63.342.06%27.25%

2010.11 business agency - wool information editor source: Nanjing wool Market

In October, wool prices in Nanjing wool market rose all the way, not only the price of Australian wool increased considerably, but also the wool of New Zealand also surged, and only Shelley's hair rose to 32 thousand and 800 tons from the beginning of the month to 38 thousand tons, or 15.8%.

Australian wool high count yarn and blended yarn have also risen to varying degrees.

Special animal fiber Zhongshan cashmere and rabbit hair rose slightly, and the quotations of Ma Haimao and alpaca hair did not change.

Owing to the skyrocketing of cotton and the increasing demand for chemical fiber, the price of acrylic, viscose and nylon fabrics related to wool textile also increased slightly.