Australia’s wool market eased this week after recent gains, with the EMI slipping to 1,504 AUC while the WMI edged higher.
Fine and medium wools weakened, though Merino skirtings surged 40 cents and cardings improved.
Offerings rose 32.2 per cent, softening the clearance rate to 90.4 per cent.
A firmer Australian Dollar and improving Chinese economic signals supported sentiment.