On April 22, 2026, South African wool officially opened a new round of auction transactions. The market for fine Merino wool continues to remain high and strong, and the tight supply of global high-quality Australian wool has not eased.
Affected by the reduction in Australian pasture breeding production and the continued shortage of slaughter volume, the supply of international high-end wool has been in short supply for a long time. Domestic 32-count all-Australian wool knot-free yarn has a stable quotation of 81,800 yuan/ton, and the price remains stable without significant fluctuations. The rigid supply and demand gap of natural wool continues to provide strong support for the cost of domestic wool spinning raw materials, and the high-end wool yarn market has maintained strong performance for a long time.
The scarcity of upstream wool resources coupled with the gradual start of downstream autumn and winter stocking, the raw material end support of the wool spinning industry continues to strengthen, and the overall price of the industry remains stable, providing a solid market foundation for downstream enterprises to arrange production in an orderly manner and receive long-term orders.