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Thursday, December 19, 2019

Merino wool price cycle

By Andrew Woods  |  Source: AWEX, AWRC, BAE, RBA, Emerging Textiles, PCI Wood Mackenzie, ICS

“Price cycle” can be a loaded concept implying a regular change in price up and down. Agriculture operates on cycles and so the experience of seasonal cycles is a good analogy to use. The average seasonal pattern is the base for making many farming decisions, but the details vary from year to year and occasionally the cycle fails. This principle applies to commodity price cycles as well. This article looks at the current Merino price cycle and how it stacks up against the average cycle.

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Northern MPG
Northern MPG

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Southern MPG
Southern MPG

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Western MPG
Western MPG

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Go to Wool data

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