The Australian wool market recorded an overall solid increase last week, driven by strong prices in the merino fleece sector.
On Tuesday in Sydney, a modest Merino fleece auction saw price increases as the sale advanced. The upward trend… |
Merino Fleece did not respond well to the low volume of bales offered last week with one commentator highlighting the level of extreme caution shown from the usual exporter participants refraining from buying in a small offering, in fear of… |
The negative market sentiment over the past few weeks has been somewhat alarming given the emotive buying pattern in the closing sale of December, pushing the EMI up 35c to 1212c with the 17 MPG topping out at 1970c and… Read More |