Weekly Wool Prices

Week Ending 10 February (Week 32)

10 February 2017

The keen purchasing interest continued unabated at Australian wool auction markets this week. Price rises were registered across the offerings, with the Merino sector again being the main recipient of the spot buyers willingness, or rather, necessity, to pay more. The strength of the European orders in the rooms was intense and the better specified finer lots were heavily targeted and bought at ever increasing levels. Pleasingly the crossbred and comeback type segments also recorded a bounce by the end of the week., making it a very good selling week for growers of all wool types.

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