The supply of wool raw materials continues to be tight, and the high price of Australian wool supports the wool spinning market.

The supply of wool raw materials continues to be tight, and the high price of Australian wool supports the wool spinning market.
The latest wool market conditions on April 19 show that international high-quality Australian wool resources are still in short supply, and the price of fine Australian wool has increased by more than 40% year-on-year. The overall market continues to remain high and strong. Affected by the reduction in global pasture production and the decline in slaughter volume, the supply gap of high-end wool continues to expand, and scarcity continues to push up the market price of raw materials.
Domestic fine wool and combed sheep wool remain high and stable at the same time, with limited spot circulation and strong support from raw material procurement costs for downstream wool spinning companies. Against the background of the industry's traditional off-season, the rigid shortage of wool has not eased, and the long-term value-preserving properties of high-quality natural woolen raw materials have been highlighted.
Faced with the continued high price of wool, Lixian Oumu Woolen Textile Co., Ltd. rationally plans raw material inventory, optimizes the ratio of wool blended products, strictly controls production costs and product quality, and achieves high cost performance Wool and yarn are stably supplied to new and old customers, and we can calmly respond to fluctuations in the raw material market.
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