Wool intake is steadily increasing together with the quality of wool also improving, prospects remain positive. A decent cold winter in the northern hemisphere also goes a long way to cleaning out retailers stocks this should give retailers confidence to restock. A relative stable currency market with no nasty surprises from world economies, markets should remain at these levels for the next few months. This will give spinners the opportunity to get accustomed to the new price levels, rethink their position, and commit themselves to production.-(Johan Louw Manager : CMW Wool-marketing). Continue reading »