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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 look back at a record-breaking season in terms of price but also examine the reasons for the dramatic drop in demand and therefore price over the last month of trading for this season.
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This month, we examine the value of being green and how the wool industry fits within the global movement of consumers’ apparent movement towards buying products with greater green credentials.
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This month we discuss what is making news amongst processors, retailers and brands who choose to use wool; we examine economic growth and what it means for demand and ultimately price.
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With our first report for the calendar year 2019, we examine sentiment in wool auction sale rooms in Australia and also at the other end of the wool pipeline in the northern hemisphere, particularly Europe given winter sales figures are an important indicator of demand for the entire wool industry.
Central to this, we examine the crucial issue at the moment: drought supply meets subdued demand.
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This month, with the wool market seemingly having found its feet after a number of weeks, we examine the health of our most important market; China. As mentioned many times in this report, 80% of Australian raw wool exports head to China and half of this is ultimately consumed at retail there.
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