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.… |
Merino Fleece: focusing on the Northern region market, which opened an unexpected flurry of competition from the indent operators pushing up the MPG’s up to 37c for the day.
Unfortunately, this was short lived with the end-of-week close for the… |