Australia’s wool market remained firm as strong demand for fine Merino fleece supported price gains despite currency headwinds.
Higher offerings and a slightly lower clearance rate suggest cautious seller participation, while continued premiums for quality wool indicate steady global demand.
Market direction may depend on currency movements and export demand in coming weeks.
Higher offerings and a slightly lower clearance rate suggest cautious seller participation, while continued premiums for quality wool indicate steady global demand.
Market direction may depend on currency movements and export demand in coming weeks.