By Andrew Woods | Source: AWEX, ICS
A falling wool market, such as we had in August, is a difficult situation made more difficult by a lack of hedge activity along the supply chain. The focus on spot, or near spot, trading means the full effect of raw material price changes flow directly into stock valuations. This article takes a look at the changes in auction clearances in response to the lower prices.
Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published. You will also receive one month Premium access for free.
You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.Learn more about Mecardo Register
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.