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Thursday, October 04, 2018

Supply still boosting price.

By Andrew Woods  |  Source: AWEX, RBA, ICS

Working out what the actual drivers are of wool prices at any given time in the market is not that easy. This is because the various elements of the demand side of the market are not quantifiable and elements of the supply side, such as stocks through the supply chain, are commercially sensitive hence hard to know. One area we can quantify is greasy supply and we do this in this article.

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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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