Australian wool prices declined this week as rising auction volumes and weak demand weighed on the market.
Buyers remained cautious, limiting purchases to immediate needs despite a softer Australian dollar offering slight support.
Prices fell across most microns, with finer wools hit hardest, while overall sentiment stayed subdued ahead of the Easter recess.
Buyers remained cautious, limiting purchases to immediate needs despite a softer Australian dollar offering slight support.
Prices fell across most microns, with finer wools hit hardest, while overall sentiment stayed subdued ahead of the Easter recess.