By Andrew Woods | Source: AWEX, RBA, WTiN, PCI Wood Mackenzie, IMF, AWPFC
At the AWI AGM last week mention was made of the increase in the gross sale value of the Australian wool clip from $2 billion in 2009-10 to an estimated $2.9 billion in the current season. The 45% increase in value is rightly seen as a good sign for the industry. This article takes a look at the change in value in the context of what has happened to other apparel fibres.
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