Australian wool prices rose again this week, with all types gaining 5–20ac/clean kg amid tightening supply and strong Chinese mill demand.
Nearly half of all Merino fleece sold went to Chinese buyers, with Sydney seeing a single buyer secure over 36 per cent of fleece.
Merino fleece climbed 15ac overall, while fine micron lots attracted premiums.
Skirtings and crossbreds held firm.
Nearly half of all Merino fleece sold went to Chinese buyers, with Sydney seeing a single buyer secure over 36 per cent of fleece.
Merino fleece climbed 15ac overall, while fine micron lots attracted premiums.
Skirtings and crossbreds held firm.