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Review Of Wool Market At Home And Abroad In 2011

2012/1/5 10:35:00 39

First, market overview

Looking at the global wool market in 2011, it experienced a fluctuating market of "seven ups and downs", and became the watershed of domestic and foreign markets in July.

In the first half of the year, thanks to the warmer world economy,

China

Sustained economic growth, high commodity prices in the international market, wool prices continue to rise steadily, the wool prices in all countries have reached the highest level in history.

After entering the July, due to the outbreak of the European debt crisis, the global economic situation was plunged rapidly, the economic data continued to slump, the financial market was turbulent, the stock market continued to fall, and the world economy slowed down. Under the shadow of the economic recession, the confidence of the international wool market decreased and wait-and-see sentiment was strong, and the price of wool began to fall and was down.

By the end of the year, prices of many varieties have returned to the price at the beginning of the year, and the wool market has been confused and even panic.

Next, please review the wool market in 2011 with the observation of wool market in Nanjing.

Two. Foreign markets

1, the Australian market

At the beginning of the new year, due to the revival of the world economy, western countries entered the auction market, while many factories had limited stock and the demand for Australian wool increased in the international market.

But at this time, large floods occurred in Australia, and became the "hair dryer" for the price rise of wool.

In January, after the Australian market was filmed, the Australian wool price jumped up like the jade rabbit, and broke through the highest price in nearly 20 years.

According to the observation of Nanjing wool Market: in January 11th, the eastern Australian wool auction market opened in Melbourne at 1046 Australian cents per kilogram, up 163 Australian cents / kilogram from the previous year's opening.

Before the market closed in July.

History

The highest point is 1436 Australian cents per kilogram.

In the second half of the year, the Australian market was shocked by the panic of the United States after the opening of the new year of Mao.

The Australian dollar exchange rate has also been strong since its breakthrough in March, reaching its highest level in July, reaching a record high since the floating exchange rate system was implemented in 1983 in July. 1:1

Because of the strong Australian dollar, the price of wool gold has been higher than the Australian dollar settlement price from March to September.

Two thousand and eleven

Eastern Australia auction market index

The opening quotation

Closing quotation

Highest

minimum

Average index

Compared with last year's average price

Australian dollar price

(

Australian point

/kg)

One thousand and forty-six

One thousand one hundred and eighty-nine

1436 (6

Month 23

day

)

1158 (10

Month 20

day

)

One thousand two hundred and eighty-four

40%

US gold price

(

Cent

/ kg)

One thousand and twenty-nine

One thousand one hundred and seventy-seven

1528 (6

Month 15

day

)

1107 (10

Month 15

day

)

One thousand three hundred and twenty-two

57%

According to the observation of wool market in Nanjing, 19.5 of the fine wool fell after a year's rise, closing price was lower than the opening price, while the crude wool price of 19.5 was much higher than the opening price in January.

This shows that the market demand for ultra-fine branches in Europe has shrunk, while the demand for fine sticks and medium branches is strong.

The 1~12 auction market in Australia provided 1 million 710 thousand bales of wool and sold 1 million 520 thousand bags, with a turnover rate of 88.6%.

Among the top five buyers were: Viterra wool company bought 216 thousand packages, Tek wool bought 138 thousand packages, Queensland Cotton Corp bought 109 thousand packages, Fox Leigh bought 92 thousand packages, and drew 5.6 (Australia) bought 5.6.

Wan Bao

。

2. New Zealand market

Despite the cancellation of an auction in March after the Christchurch earthquake, the wool market in New Zealand has not been much affected.

Due to insufficient supply, the price of wool has been rising since January. Until the end of March, the crossbreed of fine crossbred wool and coarse branch reached the highest point in the year, and the price of the middle branch kept rising until the highest point reached in late May.

According to the observation of wool market in Nanjing, the gross income of coarse crossbred wool is strongest in this year.

Average

The price increased by 68% compared with last year, while the annual average price of fine crossbred wool increased by 55%, while that of Chinese branches increased by 31%.

Price chart of conventional wool market in New Zealand in 2011

Unit: new sub / kg

2011 New Zealand wool market regular breed index table

Unit: Xinyuan / kg