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Thursday, February 16, 2017

Stronger cashmere market bodes well for fine wool

By Andrew Woods  |  Source: AWC, WI, AWEX, RBA, WTiN, G Schneider

A report on cashmere production in 2016 from G Schneider last week highlighted significant reductions in Chinese and Mongolian productions since 2010, in the order of 20%. In the light of this report Mecardo takes a look at the relationship between 16 micron wool prices and cashmere.

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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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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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