Australian wool auction market data was released on June 6, 2026. The East Australian wool indicator EMI rose by 54 cents in a single day and closed at 1934 cents/kg, setting a new price high in the past seven years. A total of 25,712 bales of wool were listed in this auction. Buyers from all over the world came to the site to stock up. Merino fine wool quotations were raised by 6 to 79 cents across the board. The market transactions were smooth and the clearance rate remained high. New Zealand's prices increased simultaneously, with hybrid coarse wool exceeding NZ$7/kg, a 15-year market high, and the cost of natural wool raw materials rising across the board.
Looking at the domestic spot market, raw material prices have steadily risen in line with international trends, and the mainstream quotation of 64S Basulan top is 142,700 yuan / tons, the price of 58S ordinary combed top is 73,400 yuan/ton. The supply of high-count fine wool is scarce, traders are reluctant to sell and wait and see, and the cost of picking up scattered goods for small and medium-sized spinning mills continues to rise. With the gradual start of domestic autumn and winter knitting orders, knitting factories and clothing brands in various places have begun pre-stocking, further stabilizing the high market prices of wool and cashmere raw materials.
Faced with the operating pressure brought by the continued price increase of raw materials, China Lixian Oumu Woolen Textile Co., Ltd. has long been keeping a close eye on the international Australian wool auction trends and the spot market conditions in domestic production areas, relying on global raw material procurement channels to flexibly adjust the procurement pace. On the one hand, we have signed medium- and long-term supply agreements with overseas suppliers to lock in the supply of high-quality Merino wool in batches and reduce the risk of short-term price increases. On the other hand, we have optimized product formulas and reasonably adjusted blending ratios to effectively control production costs while ensuring that the feel and quality of wool remain unchanged.
Relying on stable raw material reserves, China Lixian Oumu Wool Spinning Co., Ltd.'s pure cashmere yarn, worsted wool yarn, and hand-knitted blended wool yarn have stable quotations and sufficient stocks. They can efficiently undertake large-volume stocking orders and small-volume custom orders, helping downstream knitting manufacturers to smoothly survive the raw material price increase cycle.