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 75% of all wool sold in Australia is 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 NCWSBA 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.
Prospects for wool in 2010/11
After a quiet and disappointing finish to the 2009/10 season, prospects for wool demand and prices in 2010/11 are positive. However, the heightened level of uncertainty about the global financial markets means that prospects are less positive than in April, according to the NCWSBA's Executive Director..
Encouraging news for wool in 2010
Even though wool prices pulled back in the last week of January, all micron price guides are still well ahead of the close before Christmas in both A$ and in US$. And the latest on the outlook for the world economy and relative prices of wool to competing fibres is encouraging. according to the NCWSBA's Executive Director.
