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Merino Fleece opened immediately cheaper, with the large Australian trading exporters sitting back waiting for a price basis to be established by the commission indents buyers and large Chinese processors to set the tone.
Ironically, the large Chinese processors were… |
Crossbreds found new vigour with rises of 10-37c measured, and consequently the pass in rate reduced from the pre break levels of 20+% to around 10%.
New business seems to be emerging for the 26-29 μ FNF fleece in China… |