Australian wool growers had reason to celebrate last week as rain graced many of the country's wool-growing regions, injecting positivity into the wool auctions. Buyers showed keen interest in all types and descriptions of wool, with a particular focus on lots with lower levels of vegetable matter (VM), indicating a preference for higher-quality wool.
In a move set to enhance the strategic prowess of C&A BV, the Supervisory Board proudly announces the appointment of Marcos Grasso as its newest member, effective from June 1st, 2024. Grasso’s addition brings a wealth of invaluable consumer and fashion retail expertise to the C&A BV Supervisory Board. A seasoned executive, Grasso boasts a remarkable track record in driving business transformation across diverse industries. With over 25 years of international experience in executive roles within consumer goods giants like Warner-Lambert, Pfizer, Cadbury, and Kraft Foods/Mondelez, Grasso is primed to offer invaluable insights and leadership.
This week's Australian wool auctions have seen a noticeable shift in sentiment, with increased buying pressure across all wool types on offer. Major local traders have reasserted their dominance on the purchasing lists, and all buying sectors were active, creating a more buoyant atmosphere in the sale rooms compared to the past month.
Page 6 of 24
