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Merino wool volumes fall sharply in March

04
May '07
Data shows that Australian merino wool volumes fell sharply in March this year, as the delayed effect of the 2006 drought dramatically reduced the amount of wool received by brokers and tested by AWTA.

21 and 22 micron categories recorded the most significant falls in AWTA test volumes with the large declines for these two key merino wool categories helping drag total test volumes in the 19-23 micron group lower by around a quarter year-on-year.

This represents a large fall in merino wool production, given 19-23 micron wool accounts for a very large share of merino wool production in Australia. Only the superfine merino wool categories recorded positive monthly increases in March 2007.

By state, the largest falls in AWTA test volumes in March occurred in the two largest wool producing states, New South Wales and Western Australia.

Australian Wool Innovation Limited


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