24hoursworld

The fall in the price of wool hits Uruguayan producers

The fall in the price of wool hits Uruguayan producers

Also, during the month of September, the European Unionone of the main destinations for national wool, reduced its imports by two%in the midst of an uncertain panorama.

demand shrinks before the inflationary pressures global and the little perspective of consumptionreflected in the collapse of the 23% of the indicator IME only between June and November, going from the $10.39to the $8.03 per kilo, where the average wool of 26 Y 28 microns they fell a 6%.

That itself forced the withdrawal of lots due to the reluctance of wool producers to sell at those prices. Certified wool, on the other hand, was not so affected.

In the local market, the wool Corriedale —majority race, fifty% of the national rodeo 28 microns without conditioning were in values lower than 1 dollar per kilo dirty basis, ranging between $0.70 and the $0.90.

Meanwhile, the batch ideal wool 21.5 microns (17,000 kilos) of green grifa and certificate obtained 6 dollars per kilo fleece, and another of Merlin (14,000 kilos) and 24.2 micronsalso green grifa, was sold to $3.20 per kilo.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts