Jump in quantity punctures the wool market balloon

By Elders Wool
December 9 2019 - 8:30pm
Auction week 24 sees what is called a large offering these days with 48,000 bales rostered.
Auction week 24 sees what is called a large offering these days with 48,000 bales rostered.

With the week-in, week-out cycle seemingly broken, and the mindset of buyers particularly in China very fragile and skittish, a sudden increase in rostered quantity for auctions next week was a trigger for them to run and hide.

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