New Zealand Australian Wool Wool Price Double Cold Days

Due to the lack of demand in the wool market, the Australian wool auction market has come down after nearly 5 weeks of rise, and the racket rate has been as high as 28%. This Tuesday's auction has dropped substantially.

Australia

The eastern composite index ended at about 1003 Australian cents per kilogram this week (-43 Australian cents / kg, -4.1%), and the US dollar price closed at 1044 cents / kg (-41 cents / kg, -3.8%), and the RMB price closed at 6325 cents / kg (-432 cents / kg, -6.4%).

5 weeks before Christmas, Australia has entered the shearing season, and the supply of wool has increased every week.

Aussie dollar this week

Continued to strengthen, closing at 1.044 on Thursday.

The New Zealand wool market has remained strong in the New Zealand wool auction market due to stable demand.

This week the auction supply was 10362 packs, with a turnover rate of 75%.

Compared with the previous week, the fine Merino hair index had dropped by 2.8%, the Chinese Merino hair index dropped by 0.3%, the fine branch wool index increased by 0.2%, and the coarse branch hybrid index dropped by 1%.

The new currency exchange rate closed at 0.8195 on Thursday.

South African wool market this week held a general increase in South African wool auction prices in Port Elizabeth.

The Cape wool Merino index rose by 4% to 108.63 RAND / kg (Jing Mao).

Rand traded at about 8.62 (+1%) against the US dollar and closed at 11.19 (+0.8%) against the euro.

Ma Haimao market in South Africa this week Ma Haimao prices fell slightly, the supply of 82878 kg.

The market index fell 1.8% to 91.01 RAND / kg.

The domestic wool market has fallen due to the price decline in the Australian market this week. The domestic market has been falling down. The price of Australian raw wool has dropped considerably. The Australian wool strip and Australian carbonized wool have also been lowered. The New Zealand raw wool, washed wool, Shelley hair and Uruguay wool top are still strong this week, and the price continues to rise.

The Nanjing wool market quotation composite index closed at 71.07 yuan / kg, down 0.03 yuan / kg compared with last week.

Australia's raw wool index is 90.58 yuan / kg, compared with last week fell by 1.45 yuan / kg.

Australia's Carbonization gross index is 58.40 yuan / kg, down 0.60 yuan per kilogram last week.

Australian wool self comb index of 105.70 yuan / kg, down 0.80 yuan / kg compared with last week.

The index is 76.30 yuan / kg, down 0.16 yuan per kilogram last week.

Uruguay's top index is 50.75 yuan / kg, up 0.73 yuan / kilogram last week.

The New Zealand raw wool index is 36.10 yuan / kg, up 0.60 yuan / kilogram last week.

The clean wool index of New Zealand was 32.22 yuan / kg, up 0.78 yuan / kg compared with last week.

The new wool comb index is 41.22 yuan / kg, up 0.02 yuan / kg over last week.

New Zealand Shelley gross index is 38.90 yuan / kg, up 1.09 yuan / kg over last week.

European wool top index is 36.50 yuan / kg, down 0.50 yuan / kg compared with last week.