Overview Of Australian Wool Market

This week, the AWEX regional index closed down at the time of the auction. Wool price The average decrease was 1.6%. The exchange rate of the US dollar increased by 2.4%. The Eastern market index increased by 0.8% in dollar terms.

There was no auction in Western markets this week.

There is some uncertainty about how to open this week. This is due to global market turmoil since last Thursday and global confidence turbulence. It seems that by the middle of the week, the financial market has become more stable.

This week's market opened in a way similar to last week's competition for pure wool or near pure wool, and the price of wool containing higher plant content declined. This week, the fine hair fell the largest, but lower than last week's decline. When the 18 micron wool was sold at the auction, individual species dropped by a few cents, and the wool of 19.5 microns fell by several cents. The rise in the exchange rate means that the Eastern market index increased by 5 cents in dollar terms on Wednesday.

Hybridization wool staple There has been a slight decrease in prices.

The Eastern market index and the western market index are still higher than the same period last year, because the season is coming to an end. The Eastern market index is still 85 Australian cents higher than the same period last year.

In other countries, the Cape wool index fell by 1.7% compared with two weeks ago (-1.9% in US dollars). It is reported that the index distribution of fine wool (33-35 micron) and coarse hybrid wool (36-39 micron) decreased by 2.5% and 5% respectively.

Other fibers: cotton futures in July increased by 6.3% on Friday, recovering most of the 6.8% decline last week.

This week, Australian wool The supply reached 27601 packages (last week's offer was 39341 packages), and 12% did not deal, of which 10.7% were not sold, and 12.9% were not sold. The non turnover rates of merino wool and skirt wool were 13% and 13.8% respectively. This week, the number of wool reached 24295 packs.

So far, the supply of wool has been reduced by 44145 packets (-2.3%) over the same week last year. If the forecast for the next three weeks can be achieved, the whole season will change by about -1.6% a year.

The price of skirts and wool fell at the two day auction, and the worst type was the most affected. It seems that this week's sellers are more willing to sell, because 13.8% of the non turnover rate is lower than in recent weeks, with the wool type of wool cut no turnover rate similar.

For Crossbred wool, this week is a reasonable week, and the average AWEX micron price index of some wool has increased slightly.

For wool, it began to stabilize this week after several weeks of decline.

The average micron price index of other types of wool varies as follows: 28 microns drop by 9 Australian cents (-1.4%), 30 microns remain unchanged, 32 microns drop 1 Australian cents (-0.2%), average combing price index dropped 2 Australian cents (-0.3%).

The following table is the current export data and exports from last year to five major export destinations and three other export destinations:

2012, April, April, the 7-4 quarter of last season.

China 79.2%75.6%75.0%-10.7%

5.6%6.6%7.3%-20.2%

2.9%5.2%5.3%-13.3%

5.9%4.0%3.9%-10.1%

China 1.9%2.3%2.4%-14.6%

Korea 0.9%1.5%1.1%+18.1%

0.5%1.0%0.7%+35.9%

0.0%0.2%1.1%-79.9%

Auctions in South Africa are closed until August 15th.