Import Price Of Wool Imported From Ningbo Port Fell In The First Half

According to statistics, in the first half of 2011, Ningbo port completed a total of 2882.23 tons of imported wool inspection and quarantine, valued at 22 million 903 thousand and 600 US dollars, down 15.6% and 46.3% from 2010, respectively, with an average price of 7946.50 US dollars / ton, an increase of 11.32% over the same period last year.

In the first half of this year Last year Compared with the statistics, the import weight of wool has decreased considerably, while the import price has increased year by year. There are 3 main reasons for the above phenomenon: first, since the outbreak of the financial crisis in 2008, wool textile enterprises are trying to reduce inventory. Since 2010, the wool textile industry has recovered faster growth, resulting in increased demand for wool. However, the world wool production represented by Australian wool has been at a low level, and the imbalance between supply and demand in the short term has led to a rise in wool prices. Secondly, due to the depreciation of the US dollar and the excess liquidity in the world, a large amount of capital has been surging into the commodity market, resulting in a sharp rise in oil prices and agricultural products prices, making the prices of raw materials such as cotton, viscose, acrylic and other synthetic fibers rising continuously, and the price of natural fibers based on cotton is a record. Affected by the rise of cotton and other textile raw materials, the price of wool has started to rise rapidly since October 2010. At the same time, the appreciation of the Australian dollar / dollar exchange rate has pushed up the wool denominated in US dollars. Price 。 Finally, the increasing price of wool, the moderately tight monetary policy in China, and the large number of accounts receivable in the downstream enterprises have not yet arrived and other factors, which has led to the increasing pressure on the part of the wool importing enterprises, and to some extent, the pressure has been suppressed. wool The import demand has led to a decline in wool imports.