Monday, September 9, 2013
huge wool prices on the back of China , Fashion , dollar
The wool is in fashion this winter in Europe and the U.S.,Hermes Birkin Bag with Australian wool producers already benefit from the advantages of the growing trend of tweed and tartan .
In a fortnight , jumped the price of wool sold an unprecedented 13 percent , or as much as $ 1.65/kg , with the hope that the sale of wool auction in Melbourne , Sydney and Fremantle will continue to take place this week .
The best qualities of wool sell for $ 14.57/kg , while prices jumped 94c/kg for the average fine wool 19 microns 12.94/kg dollars in just three days.
Peter Maher , senior marketing manager with wool broker Fox & Lillie said he was a " spectacular " two weeks after a 18-month depression.
"It is all the more welcome because no one had really expected that this increase will happen now because we sold the busiest time of shearing and wool give this year ," M said. Maher .
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" The best thing is that the rise in almost all types and grades of wool , it is only the very fine and ultra- fine shades of wool, that will not be placed proportionately as much as we would have liked to pick us up . "
Maher said with no less than 40,000 bales of wool sold in Australia this week, is expected to increase to 50,000 a week in the next month, it was hoped that the jump in prices could continue . He led the case of China, where the largest processors of wool textile spinners and have to jump , and the low value of the Australian dollar .
Peter Ackroyd , President of the International Wool Textile Organisation , the beginning of the great annual textile fashion shows in Milan and Paris said this week looked promising for the prospects of wool.
"It's a good year ahead for wool ," predicted headquarters in Brussels , Mr Ackroyd . " One story is that the appearance of wool in fashion this winter and we will see a lot of tweed, tartan and wool knit in the Haute Couture used in 2014-15 to combine that with the growth of the personal,buy Hermes Belt from which area in costumes and you have a good story for wool men. "
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