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2 clusters · 4 sources · 2 days · First seen · Last updated
Global wool market price fluctuations
Overview
The global wool market is experiencing varied regional trends. In Australia, prices have faced downward pressure due to seller hesitation and increased supply. Specifically, the Eastern Market Indicator fell to AUS 18.19, or approximately US$ 12.68 per kilo, with Merino fleeces being particularly affected by selective demand.
In contrast, the British wool market has seen a recovery, with average auction prices reported at £1.70/kg, which is 70p/kg higher than the previous year. Meanwhile, in Uruguay, transactions for certified fine lots reached approximately US$ 13.53 per clean kilo base.
Entities
Endeavour Wool Exports · Techwool Trading · British Wool · Phil Stocker · Secretariado Uruguayo de la Lana
Timeline
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[BUSINESS] 2 sourcesGlobal commodity markets see shifts in wool and urea prices
Wool prices in Australia have declined due to high supply, while urea prices in Argentina have reached import parity following shifts in Chinese export quotas and global market trends.
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[BUSINESS] 2 sourcesWool markets show divergent trends in Australia and the UK
Wool markets show contrasting trends: Australian prices have declined amid currency volatility and seller hesitation, while British wool prices are seeing a strong recovery, reaching a 10-year high in producer-
Sources
bichosdecampo.com · mecardo.com.au · thecountrysmallholder.com · todoelcampo.com.uy