JAPAN AS WOOL BUYER
j "We do not wish to under-rate the value of Japanese competition on 'Australian markets," write Winchcombe, Carson, and Co., Sydney. "It has been most influential, particularly on top-making wools, and the growing consumption in Japan has also assisted I decidedly in absoroing the world's sup- ! plies, especially top-making merinos. But just as it would be foolish to under-rate her importance it would be equally unwise to over-estimate her influence. The world's annual wool supply is estimated to be the equivalent of 12,233,000 bales of Australian weight. In 1935 Japan's imports were 800,000 bales. Admittedly a good part of the ■world clip does not enter the world's markets, being used in the countries in which it is produced. The principal wool exporting countries are Australia, New Zealand, South Africa, and South America. Japan's wool imports in 1935 were about one-eighth of the quantity grown in those quarters, and her use of it is not likely to cease. If she wants adequate wool supplies her requirements will chiefly be obtained iin those countries."
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Bibliographic details
Evening Post, Issue 29, 3 August 1936, Page 12
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176JAPAN AS WOOL BUYER Evening Post, Issue 29, 3 August 1936, Page 12
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