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Thursday, September 11, 2014

The dynamic view on fine wool prices

By Andrew Woods  |  Source: AWC, CSIRO, ABARES, WI, AWEX

The extended period of low price premiums for fine merino wool has, understandably, discouraged some fine wool producers (something which the cotton industry is going to go through). General discussion of fine wool prices tends to ignore changes in supply and attribute prices to demand. The reality is that price is a function of both.

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