Wool prices hit 15-year high as demand surges

‌Wool auctions are reporting strong demand for available volumes, with prices the best in 15 years. Photo / RNZ, Monique SteeleWool auctions are reporting strong demand for available volumes, with prices the best in 15 years. Photo / RNZ, Monique SteeleBy Gianina Schwanecke of RNZConfidence in the wool sector is rebounding as prices hit levels not seen in more than 15 years.

Prices at the latest PGG Wrightson wool auction ranged between $6.47 and $6.80 a kilogram for crossbred fleeces, with some of those best