Welcome to NCWSBA
The National Council of Wool Selling Brokers of Australia is the only national organisation representing wool brokers on all issues that affect the Australian wool industry. Over 80% of all wool sold in Australia are sold at auction by wool brokers, who act as the agents for woolgrowers, selling wool on their behalf. Wool brokers are the auctioneers for their client growers.
Members of the NCWSBA account for over two-thirds of wool sold at auction each year in Australia and come from all states of Australia, including Australia’s largest wool brokers.
The NCWBSA has represented the industry interests of Australian wool brokers in Australia and internationally since 1919 and is recognised by all in the industry within Australia and internationally and by governments in Australia at both national and state level. It is a member of the Federation of Australian Wool Organisations.
World economic outlook and wool prices - a contradiction?
The wool market had another good week, with the Eastern Market Indicator up by 3% in A$ terms, by 3.5% in US terms and by 4.6% in Euro. This is the 7th consecutive weekly rise for the Eastern Market Indicator and the EMI is now at the highest level since October. It also brings the gains in the EMI since the low point in February to 9% in A$ terms, 22% in US$ terms and 19% in Euro terms.
Read more: World economic outlook and wool prices - a contradiction?
Outlook for Wool Prices - A comparison
This article looks at the comparison in forecasts for wool prices in 2009/10 and beyond between ABARE and two Australian banks, Westpac and ANZ Bank.
