What a Year for Australian Wool!

For the year of 2018, Australian Wool industries have seen record breaking prices! Australian wool prices are predicted to remain high in the coming year due to improved demand and limited supply. The superfine market <18.5 micron has seen considerable growth due to demand of the ‘next to skin’ market (ie think sportswear like IceBreaker). Fine wool prices (19 micron- 21 microns), where the bulk of the Australian clip is captured, has also performed well. This past season, 46% of the Australia’s wool clip was between 18.5 and 21.5 micron.