I would like to share with you Wool Highlights from 15-30, Sept 2011
Wool prices went down due to fall in global confidence and a fall in the US exchange rate. As has happened in previous similar circumstances, the fall in confidence was reflected in an easing in wool prices in US currency and a fall in the US exchange rate (that softened the falls in price in Australian currency). Buyers for China were dominant with strong buying from Italy at the Newcastle sale. There was also good support from buyers for other parts of Europe, India and Taiwan.
For More Information visit here : Wool
Wool prices went down due to fall in global confidence and a fall in the US exchange rate. As has happened in previous similar circumstances, the fall in confidence was reflected in an easing in wool prices in US currency and a fall in the US exchange rate (that softened the falls in price in Australian currency). Buyers for China were dominant with strong buying from Italy at the Newcastle sale. There was also good support from buyers for other parts of Europe, India and Taiwan.
For More Information visit here : Wool
