Brought to you by AG Concepts

Tuesday, November 26, 2013

What prem discounts?

By Andrew Woods  |  Source: AWEX, ICS

Traditionally the wool market discounted shorter staple length wool below the standard length for the specific fibre diameter, starting right from the average length for each micron category. In recent years, the differences in price between staple lengths has shrunk. As a consequence, wool shorn prematurely (before a full 12 months growth) is not necessarily discounted.

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