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Insight25 Jan 2016The South African wool market eased slightly this week and traded 0.5% lower and the Cape Wools Merino Indicator decreased by 85 points to close at a value of R160.76 (clean).
Insight25 Jan 2016The development of fibre plant and tree plantations to solidify backward linkages for textile fibre within Indonesia is under consideration, as the south-east Asian country seeks to diversify its fibre, yarn and textile production.
The Australian wool market witnessed continued growth this week, with the Australian dollar performing strongly against the US dollar.