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News and market insights by AWI trade specialists into economic, finance, and trade issues that affect the production, sales and demand for Australian wool.
This month we examine in more detail the price ratios of wool relative to other fibres, not only man-made commodity fibres but other natural fibres such as cotton and cashmere, the latter being of increasing relevance to wool rather than the former. We examine the ratios as a window into a changing dynamic for the demand for wool, and examine why it might be the case.
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As the 2017/18 wool selling season comes to an end, we examine the previous 12 months of stunning market performance and place it in a historical context. We also examine the main drivers of the market and the likelihood of it continuing to trade in a similar fashion.
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This month we assess wool hitting the historical milestone of $20/kg, a significant step for the industry as the price of wool has hit a level many once thought impossible. We look at what is driving this demand for our fibre and a brief outlook for the future.
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This month we examine the global and domestic state of the wool industry. With the recent World Merino Congress in Montevideo, Uruguay, coupled with record prices at Australian wool sales and a recent Australian wool production forecast we take stock of supply, demand and what may lie ahead.
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With the Easter recess now with us, wool remains at very competitive levels historically, despite pulling back slightly from the record highs seen over the past two months.
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