Wool Market Prices in Australia, South Africa and New Zealand

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21 November 2008 - Wool prices again rose this week on major markets, mostly due to strong demand from China ahead of year-end deadline for tariff quotas. A low level in offer also helped, along with a decline in currencies. Although new sales of superfine wool will be next week held in Australia, the current wave may rapidly end with prices returning to their long-term downward trend.

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