Merino wool outdoor garment demand up 120 per cent in Chinese market
The Wool production forecast Committee released its forecast for 26/27 season predicting production of 243.9mkg, down 4.5% from the 2025/26. Year-on-year, the EMI now sits 53.8% higher in AUD terms and 74% higher in USD, underlining the depth of demand supporting the market.
