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Tuesday, February 28, 2017

Fine merino price cycles

By Andrew Woods  |  Source: BAE, AWC, AWEX, RBA, ICS

The turnaround in the fortunes of fine merino wool since mid-2016 has been dramatic. Fine wool premiums have picked up from the depressed levels they have been in for the best part of five years, while broad merino prices remain high by historic standards. This article looks at fine wool price cycles and where the current cycle sits.

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