The wool stockpile occurred due to a floor price being above a fair market price for the coarse wool being tendered. This had the unwanted effect of dragging prices down for fine and superfine while the stockpile was liquidated....well that's how I remember it.
News: WPL Woodside Petroleum posts Q4 production of 24.9 mmboe versus 23.4 mmboe last year, page-13
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