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Tuesday, July 21, 2015

Raw wool demand cycles up, mainly for China

By Chris Wilcox, Poimena Analysis  |  Source: Australian Bureau of Statistics, Beef + Lamb NZ, Secretariado Uruguayo de la Lana, Federacion Lanera Argentinas, Cape Wools SA

After being in a cyclical downturn throughout much of 2014, raw wool demand has turned around and picked up in the opening five months of 2015. China is the major driver of this reversal, with raw wool demand by most other processing countries heading down.

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