By Andrew Woods | Source: AWEX, ICS
Farmers and exporters typically want to know what prices will do next week or next month when they have wool to sell or buy. This is a logical desire but hot tips about where prices are going to go are rare, for the good reason that those with some knowledge will use it for advantage rather than broadcast. If we cannot know what is happening in a couple of weeks’ time in the market, what can be discerned from other data that is available?
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