Nanjing Wool Market (NWM) was established in 1988 by ministry of textile industry for the purpose of developing wool base, organizing wool auction and trade fair, originally named “Nanjing Wool Auction and Trade Centre”. Having been ratified by China System Reform Committee, it changed its name into “Nanjing Wool Market” in 1992. After approval of China Wool Textile Association, China Wool Textile Association Wool Special Committee is set up in Nanjing Wool Market in charge of daily work of special committee in 1998. Being held every year, “Nanjing Wool Market Conference” attracts so many representatives from animal husbandry, industry, and commercial circles. We have won great reputation in wool textile industry. As a statutory authority, Nanjing Wool Market deals with information exchange, wool auction, broker, logistic, technology consultation and so on.

Information & Website & App

The weekly published magazine Nanjing Wool Market Information, and its website - www.woolmarket.com.cn, have been universally accepted by the national wool industry as the “weatherglass” of wool prices. The website has opened up new areas of wool marketing in e-business trade. It provides promptly domestic and overseas information for us to learn the situation of global wool trade.

Conference and Exhibition

Since the establishment of Nanjing Wool Market, we have successfully held 35th Nanjing Wool Market Conference and other conferences.

Nanjing Wool Market Conference is an annual meeting for global wool people to gather together with the aim to discuss current issues of the industry, future developments as well as new market opportunities. Participants include growers, traders, primary processors, spinners, weavers and garment manufacturers, together with organizations involved in the wool-related pipeline.

Auction & Trade

Fair, adjust and open market transactions could enable growers to sell wool happily and mills to buy with security. It is helpful in increasing growers’ income and pushing the economic development of wool industry.

We not only provide services for domestic wool, but also successfully held auctions in China for BWK-ELDES with wool samples.

Training & Education

We hold regular wool training both at home and abroad, bringing up professional marketing personnel for the mills. We have held over 70 business training courses and technique seminars in corporation, farm, and wool producing areas in Australia，New Zealand， South Africa on wool sorting, wool preparing, import trade, new products, new techniques, and so on.

Since 2011 it was named as “Nanjing Wool Market Wool Training Institute” which was successfully held for 18th wool Institute training including overseas trainings. Almost over 600 trainees took the course, and they were representatives from national wool textile enterprises.

The experts from home and abroad have served as professors during the course and give the trainees amazing lectures.

Social Services

The secretariat of the Wool Special Committee of Chinese Wool Textile Association is located at NWM, mainly in charge of daily work of special committee.At the same time, we also receive traders and woolgrowers from various countries and introduce them Chinese wool industry and the usage of foreign wool in China.

Arbitration & Mediation

As the secretariat of China-Australia & China-New Zealand & China-South Africa Joint Working Group on Wool, Nanjing Wool Market is willing to independently, impartially and rapidly settle trade disputes for traders both at home and abroad, through simple procedures, efficient handling, low cost, and professional work-style. We have become official partners with Jiangsu CIQ, providing our members with multi-functional integrated services for wool testing, making sure the inspection result of trade disputes is accurate and reliable.

Integrity Certification & Animal Welfare

On April 6, 2015, Nanjing Wool Market officially launched the integrity system to advocate for enterprises to honor contracts and keep promises. Nearly 200 domestic wool textile enterprises signed the Initiative and Commitment documents, working together to ensure a healthy industry order, promote a fair, competitive environment, and strengthen self-regulation within the industry.In order to promote the international trade for wool products and meet the requirement of PETA, and being in the neutral and the recognized position of this organization, the Nanjing Wool Market has introduced a new function to better serve the Chinese wool textile industry and matters relating to the animal hair sector in general. The new service is known as the Nanjing Wool Market Certification incorporated in the China Wool Textile Animal Welfare System. This service will provide the certification to verify the mulesing status.

Promotion Station of Wool and Special Fiber Products

We will further cooperate with finished goods enterprises, telling wool stories to consumers through various medias, to make more people acknowledge wool fibre, love wool products and inherit wool fashion.