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NEWS
UPDATED 28 FEBRUARY 2007
INDEXSEP 06OCT 06NOV 06DEC 06JAN 07FEB 07LATEST


Best wool prices in 5 years
15 Jan 2007

The price of Australian wool is rising. Due to supply constraints caused by the drought and increasing demand from Asia and Europe, this year has seen the best demand for wool in five years. Last year during an extra cold winter Japan sold out of wool overcoats prompting suppliers to stock up in advance to avoid running out again this year.

Financial Review

Previous News Items:
8 Jan 2007 | Fears for sheep after storm
11 Dec 2006 | Wool clip shrinks
20 Nov 2006 | Grain prices flourish as crops don’t
3 Nov 2006 | Wool prices at two year high
6 Oct 2006 | Short-lived recovery in wool prices


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