Australian wool prices strengthened, with both the EMI and WMI rising 23 ac/kg following sales resumption after the Chinese New Year.
Fine and medium Merino wools led gains amid strong demand, while crossbreds saw modest increases.
High clearance rates and firm competition, alongside steady offerings, signal continued positive momentum in the market.
Fine and medium Merino wools led gains amid strong demand, while crossbreds saw modest increases.
High clearance rates and firm competition, alongside steady offerings, signal continued positive momentum in the market.