Wool

Wool increased 80 AUD/100Kg or 5.89% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Wool reached an all time high of 2101 in September of 2018. Wool is the textile fiber obtained mostly from sheep. The biggest producers of wool are: Australia, New Zealand, China and the United States. Wool Futures are available for trading in the Australian Wool Exchange. The standard contract is 20 farm bales, the equivalent of 2,500 kilograms.

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