The latest market conditions on April 20 show that the international supply of Australian wool is still tight, the price of high-end fine Australian wool has increased by more than 40% year-on-year, and the overall market continues to run at a high level. Affected by the reduction of global breeding production capacity and insufficient slaughter volume, the gap in high-quality natural wool resources continues to expand.
Domestic fine wool and combed wool have maintained high and firm prices at the same time, and the spot circulation is relatively low. The shortage of upstream raw materials continues to support the overall cost of the wool spinning industry. Although the industry is in the traditional off-season, the rigid supply and demand situation of wool has not eased.
Faced with the fluctuating and rising wool market, Lixian Oumu Woolen Textile Co., Ltd. reasonably manages and controls raw material inventory, optimizes the ratio of blended products, strictly controls production costs, and stabilizes various types of wool and yarn ex-factory prices, carefully ensuring stable supply to new and old customers.