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LATEST NEWS

Value of Australian fine and superfine wool exports jumps by 50%

18 March 2019
The latest data on Australia’s wool exports show that the volume of exports lifted in January compared with a year earlier. This is the first year-on-year monthly increase seen this season. All of the top ten export destinations recorded an increase, with the exception of India which saw a 5% decline in exports. For the 2018/19 season to January, the volume of exports from Australia was down by 15.4%, but the value of exports was 4.3% higher. There are some significant differences between the…

Almost 50% of wool declared as Non-Mulesed or Pain Relief

13 March 2019
The latest data on mulesing status from the National Wool Declaration was released by AWEX last week. It shows a significant 16% fall in the total number of first hand bales for the season to February. However, the number of bales declared as Non-Mulesed (NM) or as Pain Relief (PR) both recorded much smaller declines: 6% lower year on year for PR-declared wool and just 4% lower for NM-declared wool. As a result, the proportion of wool offered at auction in the July 2018 to February 2019 period…

Crossbred wool prices lift

04 March 2019
Since the Australian market three week recess for Christmas in December, prices for Crossbred wool the 28 micron price guide has lifted by 33% and the 30 micron price guide is up by 40%. This is compared with the 8% increase in the EMI since Christmas, while the 18 micron and 21 micron price guides are 5% and 9% higher respectively. Prices have also lifted for this type of wool in Uruguay. Uruguay is one of the world’s larger producing countries of 26 to 30 micron wool because a large…

Exports from the five major wool exporting countries fall in 2018/19 to date

25 February 2019
Australia’s wool exports for the first six months of the 2018/19 was 18% below the same period in 2017/18. All of the other four major wool producing and exporting countries (New Zealand, South Africa, Uruguay and Argentina) have also seen a decline in their exports in the 2018/19 season to date. In aggregate, exports from the five major wool producing and exporting countries have fallen by 14% in the July to December 2018 period. South Africa has seen a similar % decline to that for Australia,…

China suspends imports of wool from South Africa due to an FMD outbreak

25 February 2019
China’s Customs Bureau and the China Inspection and Quarantine Bureau have suspended all greasy wool imports from South Africa. This action came as a result of an outbreak of FMD in a remote northern province of South Africa where cattle, not sheep, are kept. The region has been placed under quarantine and other measures have been implemented. The South African wool industry is waiting on further details from China’s Inspection and Quarantine Bureau about its position on imports of greasy wool…

Sheep and lamb turnoff up – lower sheep numbers for 2019/20

18 February 2019
Sheep numbers in Australia will be one of the main factors that the Australian Wool Production Forecasting Committee will consider when it meets on 1st April to review its forecast for 2018/19 and consider its first forecast for 2019/20. Sheep numbers at the start of the 2019/20 season will be determined by the number of sheep and lambs slaughtered over the season, the number of live sheep exported, and the number of lambs marked. For the 2018 calendar year, the number of sheep slaughtered was…

Australian wool exports down in volume and value in 2018

18 February 2019
The latest data from the Australian Bureau of Statistics on Australia’s wool exports shows that the volume of Australian wool exports fell 25% in December compared with December 2017, continuing the decline in volumes for every month this season to date. As a result, the volume of wool exported for the first six months this season is 19% below the same period in 2017/18. This drop is no surprise given the 12% fall in wool tested by AWTA to January and the 18% drop in wool offered at auction to…

MEDIA RELEASE: Strong Premiums for Non-Mulesed Wool Continue in 2018/19

11 February 2019
The premiums for non-mulesed Merino wool have remained strong in the first six months of the 2018/19 season, according to data released by AWEX. NCWSBA believes that it is vital that all Australian wool producers are informed of these continued strong premiums and respond to the clear demand signals from the global wool textile industry. The premiums for non-mulesed wool over equivalent mulesed wool averaged between 33 and 53 cents/kg for Merino wool 20 microns and finer in the first six months…

Merino wool prices outperform prices for competing fibres

04 February 2019
All of the major competing fibres have seen a sharp fall in the past six months. For synthetic fibres, this is due to a combination of excess capacity, falling oil prices and lower demand, notably in China. Acrylic fibres have seen the most significant falls and certainly more than the slide in polyester staple fibres. Viscose prices have also fallen sharply. Acrylic prices are down by 15% since October, polyester staple fibre prices are 7% lower and viscise prices have fallen by 12%. For…

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The National Council of Wool Selling Brokers of Australia

 

News Flash

China’s Customs Bureau and the China Inspection and Quarantine Bureau have suspended all greasy wool imports from South Africa. This action came as a result of an outbreak of FMD in a remote northern province of South Africa where cattle, not sheep, are kept. The region has been placed under quarantine and other measures have been implemented. The South African wool industry is waiting on further details from China’s Inspection and Quarantine Bureau about its position on imports of greasy wool from South Africa. After postponing the wool auction scheduled for last week, the South African wool industry will hold a double sale this week (week beginning 25th February 2019). South Africa's exports to Europe and India are unaffected. The South African wool industry is hopeful of a resumption in trade with China very soon. South Africa produces around 42 mkg greasy of shorn wool (about 235,000 bales) each year compared with Australia’s forecast production of 305 mkg greasy (1.72 million bales) in 2018/19. South Africa accounts for just 2% of world wool production and about 6% of world production of Merino wool. In 2018, 68% of South Africa’s wool exports went to China.

National Council of Wool Selling Brokers of Australia

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