The Australian wool market remained resilient this week despite pressure from a stronger Australian dollar, which weighed on local currency returns.
While the Eastern and Western Market Indicators recorded slight declines in AUD terms, both posted gains in US dollar terms.
Firmer crossbred wool prices, stronger Merino cardings, and selective buyer demand helped support overall market sentiment.
While the Eastern and Western Market Indicators recorded slight declines in AUD terms, both posted gains in US dollar terms.
Firmer crossbred wool prices, stronger Merino cardings, and selective buyer demand helped support overall market sentiment.