Australian Market Wool Prices Rose For Two Consecutive Weeks

June 25th ~29 Nanjing wool staple Show:

Australian wool market has two weeks to auction, the Australian market is about to enter the three week of the rest season, traders began to prepare for the rest of the market, wool prices have been rising for two consecutive weeks, this week super fine wool, fine sticks and medium branch prices rose strongly, coarse wool and crossbred wool were flat last week. On Thursday, the eastern Australian market index closed at 1075 Australian cents / kg (7 Australian cents higher than last Thursday's closing), while the US gold price closed at 1089 cents / kg (up 3 cents), and the price of the renminbi closed at 6881 cents / kg (up 77 points). This week, the Australian dollar was strong at 1~1.01, closing at 1.012 on Thursday.

New Zealand's wool market this week was the last auction of the New Zealand market this week, with weaker market demand and weaker prices, and all varieties fell. The supply is 21611 packs this week, with a turnover rate of 71%. The fine Merino hair was not auctioned, the Chinese Merino hair index fell by 0.7%, the fine branch hybrids index dropped by 3.8%, the gross index of crossbred wool fell by 4.8%, and the lamb index dropped by 2.3%. The next auction will be held in July 12, 2012. The supply of the North Island is about 10500 bales.

The domestic wool market is strong this week. Australian wool varieties are outstanding. Australian wool The largest increase in self combing strips was followed by Australian raw wool. Carbonized wool, new hair comb, new Shelley hair and European top wool have increased. The prices of Chinese wool tops, black wool tops, new raw wool and washed wool have all declined. The Nanjing wool market quotation composite index closed at 75.15 yuan / kg, up 0.40 yuan / kg (0.54%) over last week.

Australia's gross wool index is 95.50/ kg, up 1.55 yuan / kg over last week. Australia's Carbonization gross index is 62.30 yuan / kg, up 0.20 yuan / kg over last week. Australian wool self comb index is 109.20 yuan / kg, up 2.1 yuan / kg over last week. The index is 82 yuan / kg, down 0.05 yuan per kilogram last week. Uruguay wool top index is 52.77 yuan / kg, down 0.73 yuan / kg compared with last week. The gross index of New Zealand wool is 36.87 yuan / kg, down 0.23 yuan / kg from last week. New Zealand washed wool index index 36.17 yuan / kg, down 0.18 yuan / kg compared with last week. The new wool comb index is 43.46 yuan / kg, up 0.06 yuan / kilogram last week. New Zealand Shelley gross index is 38.17 yuan / kg, up 0.20 yuan / kg over last week. Europe Wool top The sub index is 45.23 yuan / kg, up 0.23 yuan / kilogram last week.