On May 30, 2026, the international wool market continued to maintain a strong pattern,The auction price of Australian wool has stabilized at around 1,880 Australian cents/kg, a year-on-year increase of more than 45%, setting a new high in the past seven years. The industry generally believes that this round of price increases is not a short-term fluctuation, but driven by a long-term contraction of the supply side and an upgrade of the demand side structure, which will profoundly affect the cost and pricing strategy of the wool textile industry chain throughout the year.
From the supply side, Australia, as the world's largest wool exporter, has seen its sheep population continue to decline in recent years. Herders are more inclined to breed mutton sheep and beef cattle with higher returns, resulting in wool production declining year by year. According to the latest data from the Australian Wool Production Forecast Committee (AWPFC),2025/26 Total annual Australian wool production is expected to drop to 244,700 tons, a year-on-year decrease of 12.6%and the lowest level in the past century. The rigid contraction of supply directly supports high prices and will be difficult to alleviate in the short term.
The domestic market rose simultaneously. The purchase price of fine wool reaches 10–10.5 yuan / The price of coarse wool is about 5 yuan/jin, which is almost doubled compared with the same period last year. Small and medium-sized spinning mills generally report that it is “difficult to obtain goods and the price is high”. Cashmere raw materials are also important,The purchase price of high-quality cashmere remains at 130–170 Yuan/jin, supply is tight, high-end cashmere thread and cashmere sweater order prices are generally raised by 8%–15%.
Chemical fiber raw materials are not to be outdone,Polyester filament is raised by 50-100 yuan/ton today, and the mainstream quotation of POY 150D/48F continues to rise and further increasesThe cost pressure of blended wool and knitted fabrics.
For woolen and wool spinning enterprises, under the current situation, on the one hand, they must 16px; font-weight: 400; line-height: 24px; text-align: start; white-space: normal; display: inline; flex: 0 1 auto; flex-direction: row; justify-content: normal; align-items: normal; padding: 0px; margin: 0px; background: none; background-color: rgba(0, 0, 0, 0);">Lock in long-term contracts and prepare stocks reasonably to avoid shortage of materials during peak seasons; on the other hand, it is necessary toOptimize product structure, increase the proportion of high value-added products, and absorb costs through blending, functional improvements, etc. In the long run, companies with raw material bargaining power, flexible supply chains and stable customer base will be more risk-resistant.