The wool market behaviour has resembled a “snakes and ladders” pattern over the past fortnight as the previous two sales accrued a 30c gain in the EMI and in one week it gave back 20c of the initial gains.
The… |
Merino Fleece has been the focus area of poor demand from our customer with the rebasing of price each week reflecting a widespread lack of confidence throughout the pipeline in each of our major markets.
This has caused the price… |
Merino Fleece felt the full brunt of the market’s downward price recalibration and was exacerbated by the price disparity between selling centres from the previous week.
The market opened 20-50c cheaper in the north and 10-25c cheaper in the South.… |