Wool Prices in Australia, South Africa and New Zealand
Wool prices rose this week in US$ terms in Australia and South Africa, but for widely divergent reasons. The Australian dollar is set to increase in the coming weeks in line with higher interest rates in the country. Lack of quality continues affecting sales in Australia while donwstream processors are unable raising…
Egytex News Desk
Egytex
Wool prices rose this week in US$ terms in Australia and South Africa, but for widely divergent reasons. The Australian dollar is set to increase in the coming weeks in line with higher interest rates in the country.
Lack of quality continues affecting sales in Australia while donwstream processors are unable raising prices as significantly as raw material costs were increased.
Source: emergingtextiles.com
From the Egytex news archive, first published on 11 March 2008. Figures and names are as reported at the time.
