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This graph shows the price of New Zealand wool for two decades. Overall the price of wool fluctuated but it still in increased.
The price of wool dropped off from $2 to $1.4 and reached its lowest level between 1980 and 1985. In the following year the price rose to more than $ 2.2. After this the price had a sharp increase again and it hit the peak of at more than $ 5. After that in 1988 the price fell significantly and returned back to $ 3. Between 1990 and 1993 the price had a small fluctuated. Then the price bounced back again and reached $ 4.5. The price tailed off between 1995 and 1997. Finally the price stayed steady until 2000.
In conclusion, the graph shows that the price of the New Zealand wool but still in increased. Overall, the price fluctuated a lot but it still in increase.
The price of wool dropped off from $2 to $1.4 and reached its lowest level between 1980 and 1985. In the following year the price rose to more than $ 2.2. After this the price had a sharp increase again and it hit the peak of at more than $ 5. After that in 1988 the price fell significantly and returned back to $ 3. Between 1990 and 1993 the price had a small fluctuated. Then the price bounced back again and reached $ 4.5. The price tailed off between 1995 and 1997. Finally the price stayed steady until 2000.
In conclusion, the graph shows that the price of the New Zealand wool but still in increased. Overall, the price fluctuated a lot but it still in increase.
3 comments:
Yeah its visible that the prices are certainly on the rise with the passage of time. No wonder the quality has improved but also the processing cost is less.
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