Australia'S Gross Price Plummeted And Domestic Wool Market Prices Down

Due to the lack of demand, Australia

After nearly 5 weeks of rise, the auction market has come down and the racket rate is as high as 28%. This Tuesday's auction has all gone down sharply.

The eastern composite index of the Australian Wool Exchange ended at about 1003 cents per kilogram this week, and the US dollar closed at 1044 cents / kg. The price of the renminbi closed at 6325 cents per kilogram and 5 weeks before Christmas. Australia entered the shearing season, and the supply of wool increased weekly.

This week, the Australian dollar 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 Merino index rose about 4% to 108.63 RAND / kilogram (Jing Mao).

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

South African Mohair market this week

Prices fell slightly, with a 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.

The raw wool index is 90.58 yuan / kg, compared with last week, it dropped 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.

New Zealand washed wool index index 32.22 yuan / kg, up 0.78 yuan / kg over 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.