Sales will be held in Newcastle, Melbourne and Fremantle next week, when 49,666 bales are currently rostered for sale. Present estimates for the following two sales (Weeks 17 and 18) are 44,110 and 45,100 bales, respectively; a decrease of 5.0% over the three sale period when compared with last year.
The New Zealand Merino Company is rostered to offer 2,400 bales in Melbourne next week and 1,500 bales in Week 17.
In South African sales, the Cape Wools Indicator was up by 3.4% since last week against a 3.3% appreciation of the Rand against the US Dollar and a 0.4% appreciation against the Euro. 7,815 bales were on offer.