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 |
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Merino Fleece delivered the week we have been praying for especially in the Northern region. 17.5 µ and finer posted rises of 94 -145c, whilst the 18µ and coarser added 42-89c.
The large traders had to fight hard to buy… |