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Tuesday, April 28, 2015

Consumer confidence on the up. What about raw wool demand?

By Chris Wilcox, Poimena Analysis  |  Source: The US Conference Board, European Commission, www.tradingeconomics.com

Consumer confidence has lifted in some of the major wool consuming countries and regions. This should help clothing retail sales in these countries, which will in turn boost orders through the wool textile industry and bringing increased raw wool demand. Which countries have improved the most, which the least, and what impact on demand?

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