Whilst the fine and superfine wools seem to be floundering over the past few months, the 19.5µ and coarser FNF fleece have been notably sought after with the star performer being the 21 MPG which has risen 77c in 8…
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Merino Fleece was a well supported market with much competition as demonstrated with a selling rate of 90% and the better styles had heavy competition on Wednesday and held firm on Thursday across the selling centres.
VM has been a… |
Merino Fleece delivered mixed fortunes with the 16.5 and 17 MPG’s increasing by 34c and 25c respectively, conversely price pressure was felt on the 17.5µ-20µ MPG’s which fell between 9c and 32c.
The 21-22µ offering of Merino Fleece offered exclusively… |
Merino Fleece opened in Sydney with immediate corrections evident as the AUD rocketed up on the announcement from the RBA of holding the official cash rate steady, albeit temporarily.
The 16.5-17.5 fleece lots fell up to 40c for the day… |
Merino Fleece success was mainly in the 19.5μ, and coarser lots which added 20-25c for the early part of the week whilst the18.5μ and finer lots continued their emerging cheaper trend.
When analysing further it seems that the diminishing quality… |