AUSTRALIA: Chinese Firms Concerned About Rising Wool Prices
Several leading wool processors in China have expressed concern over a sudden 11 per cent jump in the price of Australian wool. The wool processors revealed their fears during a visit to China by a top-level delegation from the Australian Wool Innovation (AWI) group. AWI executive director Bob Quirk told The West Australian newspaper that mill owners were also concerned about possible delays in clearing wool through customs under China's new tariff quota system
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