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Thursday, July 12, 2018

What do wool prices look like in Chinese RMB?

By Andrew Woods  |  Source: AWEX, RBA

The vast majority of Australian wool is processed in China and a sizeable proportion of Australian wool is reported to be consumed in China. This has prompted a reader to ask, how wool prices appear in Chinese Renminbi (RMB) terms.

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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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