Wool market at the end of 2003



 Australian wool community had not exactly a very good year. On the entire year the wool prices were falling down. The main reason were the few offers of good quality products.
The decrease was abt 31-36% depending on categories (in the terms of Australian currency  and in the terms of US$ the decrease was abt 10-18% and in the EUR terms 25-31%).
However the experts predict a grow of sell on US market and Japan market that will finally take to an increased demand of very good quality fine wool
The same situation was on the South African and also on the New Zealand market where the decrease was abt of 19% , market