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Tuesday, June 05, 2018

Merino combing wool volumes.

By Andrew Woods  |  Source: AWEX, ICS

As wool prices rise to record nominal levels, the crowds gather to cheer each further rise. Prices are a function of the interaction of supply and demand. Demand cannot be measured directly but supply can be, at least in Australia which is the dominant merino producer. This article takes a look at recent changes to merino combing volumes, including the latest May data.

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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. 

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