The Gross Wool Output Of China'S Wool Industry Has Plummeted.

China is currently the largest wool processing country in the world.

It is reported that China began to import more than the import quota for the first time since 2007. At present, it needs 300 thousand ~50 tons of wool per year, while domestic wool can only satisfy one-third of its wool. The self-sufficiency rate of fine wool is only 23%~30%, and the market demand gap is bigger.

Domestic wool production showed a downward trend.

Zhang Haisen, a research center of the international agricultural cooperation and development center of University of International Business and Economics, said that China's fine wool production is restricted by many factors, such as limited resources of prairie, degeneration of varieties, low prices, increased feed costs and other resources, economic and social development, and the output is shrinking.

At the same time, farmers and herdsmen in the central and western regions of China have not fully benefited from the breeding of fine wool sheep. With the continuous raising of the prices of lamb meat, the opportunity cost of herdsmen raising and processing fine wool sheep has increased, which has intensified the reduction of wool production.

According to Wei Xiaoya, general manager of Australian Wool Innovation Limited China, Australia produces

The price of imported wool has continued to rise rapidly this year. The price of imported wool dollar increased by 44% over the same period last month, while the US dollar price of fat containing wool, which accounts for more than 80% of imports, increased by 49% in 1~7 months.

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