How much does a pound of sheep wool cost? The latest market situation analysis in 2024
Recently, the price of sheep wool has become a hot topic of concern to farmers and the textile industry. This article will combine the popular data from the entire network in the past 10 days to analyze the current wool market price trends, influencing factors and future trend predictions for you.
1. The latest prices of sheep wool in major producing areas across the country
| Production area | Variety | Price (yuan/jin) | Month-on-month change |
|---|---|---|---|
| Inner Mongolia | fine wool sheep | 18.5-22.3 | ↑3.2% |
| Xinjiang | High quality fine hair | 20.8-24.6 | ↑5.1% |
| Gansu | semi-fine hair | 15.2-18.7 | ↓1.8% |
| Qinghai | Tibetan cashmere | 32.5-38.0 | flat |
| Hebei | hybrid hair | 12.8-16.4 | ↑2.4% |
2. Three core factors affecting wool prices
1.Changes in international market demand: The Australian wool auction index recently rose by 2.3%, driving an increase in domestic export orders.
2.Breeding costs rise: Feed prices increased by 12% year-on-year, and labor costs increased by 8%, pushing up wool production costs.
3.Impact of climate factors: Inner Mongolia, Xinjiang and other major producing areas encountered a cold wave, causing some sheep to lose weight and wool production to drop by about 5%.
3. Price comparison of various links in the industrial chain
| link | Price range (yuan/jin) | profit margin |
|---|---|---|
| Breeder for sale | 15-24 | 30-35% |
| middleman acquisition | 18-28 | 15-20% |
| Textile factory procurement | 25-35 | - |
| retail products | Convert 80-120 | 40-50% |
4. Price forecast for the next three months
According to the latest report from the China Animal Husbandry Association:
1.Short term (within 1 month): Affected by stocking up before the Spring Festival, prices are expected to remain high and fluctuate, with fluctuations within ±3%.
2.Mid-term (1-3 months): With the arrival of the new shearing season, increased supply may lead to a price correction of 5-8%, but high-quality fine wool will remain strong.
5. Three major suggestions for farmers
1.Seize the opportunity to sell: Mid-February to early March is usually the highest price point, and it is recommended to sell in batches.
2.Improve wool quality: Through scientific feeding, the wool net rate can be increased by 3-5 percentage points, and the wool can be sold for 2-3 yuan more per catty.
3.Pay attention to policy subsidies: Many provinces have introduced subsidy policies for wool purchase and storage, with a maximum of 0.8 yuan/jin.
6. Consumer Buying Guide
| product type | Reasonable price range | Key points for identification |
|---|---|---|
| Raw wool (unprocessed) | 25-35 yuan/jin | Fiber length≥7cm |
| Wash hair | 45-60 yuan/jin | Impurity content <3% |
| combed sliver | 80-120 yuan/jin | Thickness uniformity ≥90% |
The recent fluctuations in wool prices have attracted much attention. It is recommended that buyers and sellers pay close attention to the quotations on the daily spot trading platform. In the long term, as the demand for high-end textiles increases and the scale of breeding shrinks, the price of high-quality wool may enter an upward channel. Farmers can appropriately expand the number of high-quality breeding sheep and seize opportunities for industry transformation and upgrading.
(Note: The statistical period of the above data is from January 10 to January 20, 2024. The price information comes from the daily reports of major wool trading markets across the country and is for reference only. Specific transactions are subject to local real-time market conditions.)
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