Supply Shortage Caused By &Nbsp; Australian Wool Auction Price Again High.

2011 calendar year

If we analyze the figures, according to the latest statistics from the Australian Bureau of statistics, the number of Chinese imports of Australian wool fell by 2% in the month of July 2011 (the beginning of the new auction season) to the end of October.

According to the figures released by the Nanjing wool market, the total volume of imports in China from January to October this year is 217 thousand tons.

It is difficult to break through 250 thousand tons by the end of the year.

This figure is the lowest since 2004.

However, the value of Australian wool has increased by nearly 50% compared with the same period last year.

Judging from these statistics,

One of my main concerns is the production of wool in the next year.

According to the summary of various intelligence, I concluded that the total output of wool will not change much next year.

This is basically the same as this year.

Some people would say, is not the number of sheep in Australia will increase by about 3%? I admit that it will! But who knows that the selling price of Australian lambs can reach as high as A$140-150 per day? If I were a herdsman (Yang Nong), how would I consider it? After 12 months, I would cut the wool and sell it, and I should know how many people looked forward to the wool.

There will be no major changes in supply and demand this year after the start of the new year.

Such a huge global wool spinning industry has its own inertia.

China's wool textile industry has undergone nearly 10 years of renovation and upgrading, both in terms of productivity and quality.

Now we are suffering from "food shortage" and hunger, but we have not yet been able to go down.

Looking at the demand for the consumer market, including the rapid growth of demand for professional clothing, wool products still have their own foothold.

It is precisely because of these factors that the market situation we see this year will be so confusing, but it will always develop in an established direction.

After the first quarter of next year, when domestic and foreign seasonal orders begin to arrive, although it is possible to reduce the requirement of wool content, it is a matter of deep concern for the shortage of supply and whether prices will rise again on the basis of today's demand.

In the past two weeks, there has been no conscious comment on the performance of the Australian dollar.

There is really no new content to add.

The Australian dollar has been stall over the US dollar for nearly two weeks, but the new problems in the eurozone are beginning to slide, just like a kite with a broken line.

But there seems to be some consensus now.

I mentioned a few months ago about several elements that affect the Australian dollar.

Now, if the Australian dollar is only affected by internal factors in Europe and Australia, the exchange rate with the US dollar will not fall easily by 95 cents.

However, the exchange rate between the Australian dollar and the US dollar is likely to collapse in the short term once the reason is for the United States or because of China.

We have seen many cases of falling 20% in the short term.

So at present, the volatility of Australian dollar is still a concern of Pediatrics.

There are more words this week.

The commentary has been written for a whole year, and I don't know if it is advisable.

In the light of the old habits of the West and the new habits of Chinese young people, I wish you all a merry Christmas and a happy New Year!

Two weeks later, I promise to wish you a happy Spring Festival.