Weak retail sales and higher wool volumes may hinder a steady market

By Chris Wilcox, National Council of Wool Selling Brokers of Australia Executive Director
April 27 2021 - 2:30pm
STRENGTH IN MARKET: Wool prices are holding-up and exports from Australia and other producing countries have been gradually increasing from post-COVID-19 lows.
STRENGTH IN MARKET: Wool prices are holding-up and exports from Australia and other producing countries have been gradually increasing from post-COVID-19 lows.

The Australian wool market has been relatively stable in the past few weeks, despite auction offering volumes continuing to be well above typical levels for this time of year.

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