Sheep

Chinese buyers inject positivity into wool market

Another strong week for physical auctions as the AWEX Eastern indicator rose for its third consecutive week increasing 72c on Wednesday and a further 17c on Thursday to close the week at 1291c/kg greasy or 985c/kg in US dollar terms.

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Superfine fleece of 14 micron tops at 2659c/kg clean

Wool-3While holiday festivities took over and physical sale centres had their annual recess, the AuctionsPlus offer board remained in operation with nearly 900 bales sold from December 18.

The 15µ micron wool sold to a top of 1765c greasy or…

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