Wool Prices Are Jubilant In The Wool Market.
Australia wool staple This week, the Australian market began to rise all the way, mainly due to the coming of Christmas. The supply of wool began to fall short of supply, especially on Wednesday, the eastern composite index EMI rose 38 Australian cents, the biggest increase in two years. The eastern composite index of the Australian wool exchange this week closed at 1086 Australian cents / kg (+52 Australian cents / kg, +5.0%). This week, the US dollar price closed at 1137 cents / kg (+54 cents / kg, +4.9%), and the price of the RMB closed at 7061 cents / kg (+380 cents / kg, +5.7%). Compared with other markets, the Australian dollar remained strong, closing at 1.0470 on Thursday.
New Zealand wool market this week Kitajima and South Island are auctioned, the supply is 14122 packs, the transaction rate is 91.2%, the carpet type wool has begun to rise sharply. Compared with the price of the previous week, the gross yield of Chinese wool was about 877 new points / kg (+2.2%), and the fine crossbred wool was about 468 new cent / kg (+0.1%), and the coarse crossbred wool was about 397 new sub kg / kg (0%), and the lamb was not sold at auction. The new currency exchange rate closed at 0.8291 on Thursday. The next auction will be held in December 13th. The supply of the North Island is about 7200 bales.
The South African wool market this week is the last auction before Christmas, and the market has risen sharply. The Cape wool Merino index rose 7% to 109.91 RAND / kg. Not only higher than the highest point of last quarter's auction, it was 28% higher than the start price this year, which is about 12% higher than that of last year. The supply is 15723 packages, with a turnover rate of 99%.
Domestic wool market is affected by international market. Wool price Domestic enterprises, in order to ensure their own interests, began to scramble to replenish their inventory. In addition to the national wool top, new wool self comb strip fell slightly, the other varieties began to rise all over the line. The Nanjing wool market quotes composite index closed at 72.88 yuan / kg, up about 0.87 yuan / kg (+1.21%) over last week.
Australia The index of raw wool is 91.35 yuan / kg, which is about 0.85 yuan / kg higher than last week. Australia's Carbonization gross index is 58.10 yuan / kg, which is about 0.10 yuan / kg higher than last week. Australian wool self comb index is 106.77 yuan / kg, up 0.87 yuan / kg over last week. The index is 75.43 yuan / kg, which is about 0.56 yuan / kilogram lower than last week. The index of Uruguay tops is 50 yuan / kg, which is basically the same as last week. The gross index of New Zealand wool is 36.55 yuan / kg, which is basically the same as last week. The New Zealand washed hair index is 33.19 yuan / kg, which is about 0.24 yuan / kg higher than last week. The new wool comb index is 41.22 yuan / kg, which is about 0.32 yuan / kilogram lower than last week. New Zealand Shelley gross index is 39.22 yuan / kg, which is basically the same as last week. The European wool top index is 36.78 yuan / kg, which is basically the same as last week.
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