Wool production forecast of Australia in 2002 / 03
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Last Update: 2002-12-16
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Source: Internet
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Author: User
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Introduction: the structure of Australian wool industry continues to change, bringing new challenges at the same time In this industry, from wool producers to retailers, their strategies need to be constantly reassessed and changed It is hard to accept that the number of sheep and wool production in Australia are plummeting In the coming season, there are only less than 100 million sheep and 500 million kg of wool Ten years ago, Australia had 185 million sheep and more than 1 billion kg of wool Many people believe that there are less than 100 million Australian sheep In the last quarter of 2001 / 02 and even in the coming 2002 / 03, the supply problem has almost become the first topic for the insiders to meet In addition to the bad weather, the worsening wild dog problem in many parts of Australia is also one of the reasons for the decline in sheep numbers A recent survey of shepherds clearly shows that the current price of wool can only promote less than 20% of producers to increase wool production Therefore, industry insiders predict that wool production will decline by nearly 7.5% in 2002 / 03 Merino wool has the trend of decreasing microns, especially in the range of fine wool to ultra-fine wool, which will lead to the decrease of other specifications except ultra-fine wool The situation of other wool is basically similar to that of this year.
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