With the Easter recess now with us, wool remains at very competitive levels historically, despite pulling back slightly from the record highs seen over the past two months.
Given the importance of their contribution to the global economy and the scale of all things China and the flow on effect other production areas of the globe, in this edition we look into the sheep and wool production within the Peoples Republic of China (PRC).
This month we hear from Jiang Yali, wool market commentator with the Nanjing Wool Market in China who gives an overview of the global wool market.
In the final monthly market intelligence piece for the year we examine the stellar rise of wool prices in 2017, discuss wool as a $20 fibre and show how wool has broken away from commodity fibres that wool has traditionally been compared to.
The November market intel looks at the 2017 profile of the Australian wool clip in regard to the production of wool finer than 19.5 micron and the changing composition of what Australia growers have produced for market over the past three decades.
This month AWI trade consultant Scott Carmody talks through the current market with an eye to the true drivers of price.