By Andrew Woods | Source: AWEX, ICS
Sellers in the greasy market view it in terms of individual lot results, while the buy side views the market from the perspective of consignment averages, with individual lot prices constantly changing to enable required consignment averages to be met. That constant changing makes analysing lot sales data a messy process. Given that caveat, this article takes a look at premiums for selected fine wool (“Italian” for want of a better term) types in recent years.
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