The appreciation of the Australian dollar did not affect wool exports

Despite the appreciation of the Australian dollar, the sales price of export wools continued to rise. Since June, the price of export wool has risen by 11%.

Demand for wool is increasing, and high export rates have not affected international buyers' competition for such natural fibers.

Traditional buyers have reduced their activity because our wool prices have risen, but the supply of wool in the manufacturing process is low, and international industry needs more wool.

Ben Richfield said the market signal is good because demand continues.