Facing The Downward Trend Of International Gross Price, Cold Treatment Of Domestic Enterprises

In April 2012, the global economic recovery slowed down and the downside risks increased.

The unemployment rate in developed countries is still high, private demand is weak, the growth rate of emerging markets and developing countries has dropped, the situation faced by macro-control is more complicated, the sovereign debt crisis continues to escalate in Europe, the long-term sovereign credit rating of the United States has been lowered, and the international financial market has fluctuated repeatedly. At the same time, commodity prices are at a high level, the global inflationary pressure is still large, and the consumption demand of the whole world is still low.

High priced

The amount is decreasing year by year, more and more substitutes are also, people are waiting to wait for the price to return to reason.

1. New Zealand

The calm market and the strong new yuan exchange rate made the wool market in New Zealand continue to fall.

The price difference between North and South Islands still exists, mainly because of the large amount of colored wool in Kitajima's unstable climatic conditions.

The unacceptable high exchange rate and undesirable demand for wool are unsatisfactory. Many herdsmen do not want to sell their wool at low prices. The turnover rate is low.

According to the observation of wool market in Nanjing, as of April 22nd, the price of lamb wool, fine wool crossbred and coarse crossbred wool fell all the way.

The average index of fine crossbred wool was 521 new cent / kg net hair (-7.9%); the average index of coarse crossbred wool was 446 new cent / kg net wool (-10.8%); the average index of lamb wool was 500 new cent / kg net wool (-9.7%).

In April, the dollar was bearish. The New Zealand dollar had a favorable interest rate relative to the US dollar. The weakness of the Australian dollar / New Zealand dollar crossing caused New Zealand dollar demand.

Subsequently, market risk aversion increased and commodity prices weakened.

However, the New Zealand dollar has a limited margin relative to the US dollar.

The exchange rate at the end of the month is maintained at 0.8140.

As of April 22nd, the total supply of wool market in New Zealand was 34645, with a turnover rate of 57.2%.

The first five buyers of wool were: New Zealand International Wool Company bought 5050 packages; Matthew bought 4700 bales; Forman bought 3150 bags; JSB bought 2030 packages; Dawson wool company bought 1200 bags.

2. Australian wool Market

In April, the Australian wool market closed for a week due to Easter.

The Australian dollar has fallen both in the market and in the market.

Many Chinese traders stopped buying and began to wait and see.

Some buyers can only look for cheap wool in order to reduce costs, which is one of the reasons why hybrid wool has been strong in recent years.

According to the Nanjing wool market view, as of April 20th, the eastern Australian market index closed at 1165 Australian dollars / kg, the United States gold price closed at 1207 cents / kg, respectively, down 3.87% and 3.9% respectively compared with the end of last month.

The so-called Australian economy looks at China. In April, China's manufacturing industry was weak. At the beginning of the month, the Australian dollar reached its highest level in two months.

Commodity prices stabilized in the middle of the month, while the Australian dollar in commodity currencies was generally on the high side. However, concerns about slowing China's growth slowed the Australian dollar to the 1.0300 level.

This month, the Australian wool market supply was 142821 packs, with a turnover of 122108 packages, with a turnover rate of 85.5%.

The top five buyers of wool are: (AO) Viterra wool company buys 11593 bales of wool; Tek wool company buys 10954 bales of wool; Williams wool company buys wool 6235 packs; Queensland cotton buys wool 6170 packs; Fox Leigh company buys 5535 packets of wool.

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3. South African Mohair Market

The fourth auction of South African summer Mohair was held this month.

The supply is 184629 kg, with a turnover rate of 98%.

As expected, buyers' competition for good quality Mohair promotes prices.

Rand's lower US dollar rate also gave the market some support.

In this auction, the demand for adult Ma Haimao is surprisingly good, which suggests that the adult Ma Hai Mao is gradually entering the recovery phase.

Young Ma Haimao continued to maintain an upward trend, as demand for young young Ma Haimao increased.

The auction market index ended at 94.98 RAND / kg, up 3.9% compared with the previous auction.

4. Uruguay wool Market

In April, two auctions were held in Uruguay. The supply was small and many varieties were not quoted.

Merino hair (21.1- 22 m) trading price closed at 8.50 U.S. dollars / kg, thin abdominal hair collected at 1 U.S. dollars / kg.

5. South African wool Market

There were three auctions in South Africa's wool market this month, with a total supply of 22887 kg, with a turnover rate of 97.7%.

At the beginning of the month, the market continued its downward trend in the first two weeks. Since the buyers were not active, especially in the Ching Ming holidays, the Cape wool Merino index fell to the 100 RAND / kg level for the first time since January.

In the middle of the month, the South African wool market stopped shooting, and the market uncertainty increased.

At the end of the month, Cape wool Merino index closed at 99.06 RAND / kg net hair, up 16% compared with the same period last year.

Domestic prices go down with the international market.

Continuation of the poor sales in March, the current enterprise orders are very small or small, the implementation of the contract was set at the beginning of the year.

Recently, the export market is not good, mainly because the brand clothing retailing in Europe and America is not satisfactory, and the risk of price fall is increasing. Large brand enterprises are reluctant to make inventory. The volume of exports this year is expected to decline compared with last year.

Domestic enterprises also prefer to do less or not to enter the waiting period.

Remind everyone that calm response is most important.

According to the observation of wool market in Nanjing, the price indices for various varieties this month are as follows:

2012 April Nanjing wool market quotes sub index statistics: Unit / kg

Varieties average monthly average year-on-year year-on-year

Australian raw wool 108.63 112.08 -3.08% 0.25%

Australian wool combing strip 118.03 122.96 -4.01% -1.55%

Australian carbonized wool 67.43 71.31 -5.44% -14.41%

New wool 42.05 43.24 -2.75% -14.04%

New washed wool 41.29 43.05 -4.09% -9.79%

New wool combing strip 47.72 48.96 -2.53% -8.39%

Uruguay top 56.37 57.07 -1.23% -8.01%

European top 46.52 46.88 -0.77% -5.12%

China's top 86.72 86.15 0.66% 0.66%

In May 26th, "general trade terms seminar and wool market member exchange meeting" will be held in Kunshan, Jiangsu.

We sincerely appreciate the strong support of Kunshan Hengyi wool top factory, Kunshan Shenli Wool Textile Co., Ltd. and Kunshan Xingxing wool spinning Co., Ltd. three contractors.

Warmly welcome members from the surrounding area to sign up actively, so that we can make corresponding preparations.

At that time, we hope that you can speak out for the recent wool market, rationally analyze and jointly grasp the market trend.