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Wool

The wool market resumed after the winter recess selling in all three centres but it was an opening that many feared. Demand was negatively affected by the global uncertainty focused on the US/China trade dispute. Most buyers would have called on their northern hemisphere customers over...

The question last week was “is this the bottom?” We had a clear answer this week,in the short term the market pain is still coming. Again a small offering was met with a lack of confidence (read lack of orders) from buyers and their processor...

While the market again suffered a significant fall, the AWI commentary on the market noted that almost all of the damage occurred on day one of selling, with a more measured response from exporters on Thursday. Since the peak of March, in four months the EMI...

Another week of low offerings, high pass-in rates and price falls.The retracement from the February peak is well and truly happening. All categories were impacted with the exception of the better prepared crossbred lots, although these were in scarce supply. The Eastern Market Indicator (EMI) fell...