Authoritative experts analyze international wool market with numbers
-
Last Update: 2003-01-13
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: 75% of the raw materials needed by China's wool industry need to be imported About 300000 tons of wool are imported every year, of which more than 200000 tons are imported from Australia alone Since 2002, the international wool price has been on the rise, the Australian wool auction price has reached a new high in nearly 10 years, and the domestic wool price has also skyrocketed Mao Jianxin, Secretary General of the wool Professional Committee of China Wool Textile Industry Association and deputy director of Nanjing wool market, thinks that the current domestic and international wool market has the following four characteristics: first, the world wool supply has decreased to the lowest point in 50 years Due to the rapid development of chemical fiber industry, wool products have been replaced by increasingly rich chemical fiber products The consumption of wool has been decreasing year by year From the mid-1990s to the end of the 20th century, the price of wool market in the world continues to be depressed, which makes herdsmen's enthusiasm for raising sheep decreased, and the number of sheep that can be sheared has sharply decreased In the past two years, due to the weather drought, the expected shearing amount of each sheep has been reduced by about 3%, As a result, the output of wool is further reduced; in Western Europe, South America and other places, "mad cow disease" and "foot-and-mouth disease" continue to occur, which makes the price of mutton rise, resulting in herdsmen in Australia and New Zealand turning their wool sheep into meat sheep All of these factors have resulted in a 35% drop in world wool production in the last 10 years Second, the price of wool in the international market has greatly declined in the past year, and the recent price of wool has reached the highest level in nearly 10 years September 11 in the United States After the event, western countries' confidence in economic growth declined, resulting in a decrease in orders in the wool textile industry On September 21, 2001, the Australian wool index was 779 Australian cents / kg, which fell to 693 Australian cents / kg on November 23, 2001, down 11%; on January 11, 2002, the eastern Australian market opened at a high of 835 Australian cents / kg, which rose to a high of 985 Australian cents / kg on February 15, and then began to fall back, ending at 880 After the IPO of new wool in 2002, the price of Australia's wool was firm and soared again On September 27, the closing price reached 1141 Australian cents / kg Thirdly, the quantity of imported wool has declined, the domestic conventional wool has become popular, and the high-quality national wool has replaced some foreign wool 2002 is the first year of China's accession to the WTO China adjusted the import license of wool to the tariff quota of imported wool In the same year, the tariff quotas for wool and wool tops were 264500 tons and 72500 tons respectively According to customs statistics, China imported 142000 tons of wool and wool in January August 2002, a decrease of 38600 tons or 21.37% over the same period last year After "9.11", the price of domestic wool market also fell with the international market At the end of 2001, the average comprehensive index of Nanjing wool market fell below 4000 points / kg, and some wool varieties fell to the lowest price in history In 2002, due to the increase of the gross price in the international market, the production enterprises changed to domestic high-quality wool The domestic fine wool is very marketable, and the domestic wool market index is soaring Before the new wool came into the market in 2002, many wool textile enterprises rushed to the pastoral area to order wool, and the price of wool in the pastoral area rose one after another The price of Xinjiang Fine Wool increased from 11 yuan / kg to 19.5 yuan / kg, and that of Inner Mongolia fine wool increased from 8-9 yuan / kg to 14-15 yuan In particular, Xinjiang and Jilin high-quality wool auctioned in Nanjing wool market after grading and finishing is a hot spot The average transaction price is 42.8 yuan / kg, which is 30% higher than the average price in 2002 Fourth, the prices of different varieties show different trends The price of fine wool is the strongest, the price of superfine wool is the second, and the price of coarse wool is weak In recent two years, due to the increase of supply and demand of 18 μ m ultra-fine wool in the international market, the growth trend is not strong; due to the poor market sales, the price of coarse wool is rising slowly; the price of 21-32 μ m fine wool, the most popular conventional wool in China, is rising most sharply Compared with the price index of 21-24 μ m varieties on September 27, 2002 and the same variety index of 1995 with the highest price in recent 10 years, the price index of 21-24 μ m varieties increased by 31.6%, 46.49%, 52.87% and 46.95% respectively; compared with 1998 with the lowest price in recent 10 years, the price index of 21-24 μ m varieties increased by 162.89%, 175.66%, 177.95 and 170.43% respectively.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.