The Price Of The World'S Ultra-Fine Wool Continues To Decline Due To The Severe Economic Situation.

The world's ultra-fine wool market continues to decline, new England superfine wool producers actively respond.

The severe economic situation has led to a decline in demand for ultra-fine wool (fineness of less than 18.5 microns) in Italy, Europe and China.

Uralla wool producer Leo Blanch from West Valley, Belfast, said that since last September, ultrafine

It probably dropped by 500 cents.

"The market price of woolen wool is generally better," he said. "The most serious loss is superfine wool producers.

During the past Christmas to September, the price of superfine wool has gone up strongly, but since then, the peak has turned back and has begun to go down. "

Mr. Blanch said the depressed market is indeed frustrating, but as a wool producer, it has long been accustomed to the ups and downs of the market.

"Fertilizer, electricity and fuel costs continue to increase, and business is hard to do.

We have to maintain an optimistic attitude, and the weather conditions are superior at the moment, which is a very gratifying thing. "

Gerard Stephen, a wool producer in Tasmania, Australia, said that because of the oversupply of fine wool in 18 microns, the price of ultra-fine wool has remained high.

"Every Merino sheep has less than 6 kilograms of wool output, so we hope that the price of ultra-fine wool will be higher," he said. "But at present, the price of 18 micron and 21 micron wool is not very different. This is unfair. The price of superfine wool should be 300-400 cents higher than that of 21 micron wool."

Mr. Stephen said superfine.

Bad, many herdsmen turn to produce lambs or raise cattle.

If wool prices continue to go down next year, more wool producers will leave the wool industry.

The greater demand in the Chinese market may become the best opportunity for Australian super fine wool prices to rise.