The wool market has a shortage of quality wool, coarse hairs, and wounds.

On the Australian wool market, the market opened on a positive tone Tuesday. A number of good New Zealand wools were very popular among buyers. Although the prices were difficult to compare, they were higher than the previous auction of Australian wool. Coarse hair was the worst hit, with prices falling by 15-20 cents. Good models of wool continue to be welcomed by buyers and prices remain unchanged. The auction supply this week was 46,084 bales (-2,635 bales) with an unsold rate of 12.8% (+0.8%). The awex emi of the Australian Wool Exchange was 1036t/kg, down 8澳 (-0.8%); the price of gold closed at 907美/kg, down 10美 (-1.1%);* Prices closed at 5550 cents/kg, down 87 points (-1.5%). The Australian dollar exchange rate against the US dollar closed at 0.8758 on Thursday.

The New Zealand wool market has a strong auction price this week in the South Island. Due to the weakening of the New Zealand dollar exchange rate against the US dollar, the hybrid hair price rose strongly compared with the Napier auction on October 16th. Supply of 9113 bags this week, the transaction rate was 77%. The next auction will be held on October 30. The North Island supply is expected to be about 6,100 bags.

South African wool market this week continued the trend of the auction market last week, prices continue to weaken, Cape wool Merino index fell 0.8% to close at 112.00 rand / kg. This was a 0.3% increase from the first shot in the current quarter and a decrease of 1.1% from the same period last year. The next auction will be held on October 29 with an expected supply of 9,800 bags.

Raw wool market domestic raw material companies still hold a wait-and-see attitude towards the market. The demand for strong orders in the downstream yarn market is at full capacity. This week, with the exception of new wash hairs and Shelley hairs, the remaining varieties are firm or decline. The comprehensive index for the Nanjing wool market price closed at 71.13 yuan/kg, which was a decrease of 0.10 yuan/kg (-0.14%) from last week.

The original Australian wool index was 80.13 yuan/kg, which was approximately 0.16 yuan/kg lower than last week; Australian carbonized wool index was 62.45 yuan/kg, which was basically the same as last week; Australian wool self-card sub-index was 86.09 yuan/kg. Compared with last week, it fell by about 0.22 yuan/kg; the national wool sub-index was 69.26 yuan/kg, which was about 0.50 yuan/kg lower than last week; and the Uruguay top score was 49.06 yuan/kg, which was about the same as last week. Declined by 0.06 yuan/kg; New Zealand raw wool index was 36.30 yuan/kg, down by about 0.25 yuan/kg compared with last week; New Zealand washed hair index by 39.09 yuan/kg, up by approximately 0.03 yuan compared with last week /kg; New wool self-combed sub-index 46.89 yuan / kg, compared with last week fell about 0.03 yuan / kg; New Zealand Shelley hair index 39.60 yuan / kg, compared with last week about rose 0.10 yuan / kg The European wool top index was 35.00 yuan/kg, which was basically the same as last week.