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Australian Wool Market to Return From Winter Recess

Australian Wool Market to Return From Winter Recess

by Millionaires | Aug 5, 2020 | Industry And Cluster, News & Insights

Industry experts will be watching the first wool sales after the winter recess with interest, fully expecting it will remain volatile due to the COVID-19 pandemic. Nutrien Wool South East Australia region manager Stephen Keys said there was solid demand for the final...
Australian Cotton Prices Crashes as Chinese-based Trading Company Goes into Administration

Australian Cotton Prices Crashes as Chinese-based Trading Company Goes into Administration

by Millionaires | Jul 30, 2020 | Industry And Cluster, News & Insights

  Australian cotton growers are expected to be $20 million out of pocket with a Chinese-based trading company going into administration. Weilin Trade Pty Ltd has been operating in Australia since 2012, buying and exporting cotton to China. It also owns an...
Australian Wool Market to Return From Winter Recess

Australian Wool Market Rises for Second Week as Annual Vacation More Buyers on

by Millionaires | Jul 11, 2020 | Industry And Cluster, News & Insights

  Some solid demand was evident in the Australian wool market as buyers attempted to fill orders before opportunity becomes limited due to the annual mid-year three-week recess. Continuing the positive start to the selling season, the AWEX Eastern Markets...
Australian Farmers Pushes to Revive Local Wool Processing and Manufacturing to Reduce Relies on China

Australian Farmers Pushes to Revive Local Wool Processing and Manufacturing to Reduce Relies on China

by Millionaires | Jun 29, 2020 | Industry And Cluster, News & Insights

The nation’s farm lobby has called for governments to revive domestic manufacturing and processing amid concerns the agriculture industry relies too heavily on countries like China.   It wants state and federal governments to look at investing in food and...
Australian Wool Market Slips as Buyers Scramble for Higher Yielding Lines

Australian Wool Market Slips as Buyers Scramble for Higher Yielding Lines

by Millionaires | Jun 15, 2020 | Featured, Industry And Cluster, News & Insights

  After two weeks of small but positive lifts, the Australian wool market again slipped last week, with general losses recorded across most micron categories. The AWEX Eastern Market Indicator (EMI) fell by 12 cents to close at 1171 cents per kilogram, clean. In...

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