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Thursday, August 13, 2015

Crossbred wool prices are high – will they stay that way?

By Andrew Woods, ICS  |  Source: AWEX, PCI Fibres, Cotlook, RBA, ICS

Crossbred wool prices are amongst the best performing apparel fibre (indeed, commodity) prices in the world, when compared to the price levels of the past five years. How high is the 28 MPG level in relation to apparel fibres? Will it stay that way? What risks does it face in the coming year?

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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