Wool market off to solid start | Elders

Updated January 14 2019 - 2:08pm, first published 1:59pm
Wool market off to solid start | Elders
Wool market off to solid start | Elders

The Australian wool market resumed in much better form than the national cricket team last week and managed a solid increase on the previous innings. A larger offering in Melbourne necessitated a three-day sale and so buyers there were forced to pad up earlier. Not to be outdone, the buyers in Fremantle decided to resume early and roll their arm over on Tuesday as well. The market was solid from the first over of play with some favourable currency movements over the recess allowing traders to secure a few orders, and early stage processing mills having virtually exhausted their stocks.

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