新澳股份:“宽带”向前,勇攀高峰
Zhejiang Xinao Textiles (603889) 海通国际·2024-06-04 11:00
Wool prices stabilized in Q1 2024, with potential external environment improvements. After peaking in early February 2023, Australian wool prices fell to their lowest in early November, a 27% drop, then gradually recovered. The average price in Q1 2024 was 768.5 US cents/kg, a 3.2% increase from Q4 2023 and a 17% decrease from the same period last year. We believe raw material prices show signs of stabilization, positively impacting the Company's earnings. If downstream demand recovers, it will increase raw ...