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Australian wool market finishes 0.5% lower

23 Feb '09
4 min read

Buyers for China again dominated this week's sales with support from India.

Sales will be held in Newcastle, Melbourne and Fremantle next week, when 50,267 bales are currently rostered for sale. Present estimates for the following two sales are 48,607 and 44,630 bales, respectively. A decrease of 7.3% over the three sale period when compared with last year.

The rostered Newcastle offering of 17,590 bales is well up on the last Newcastle sale in Week 22 and is marginally above the equivalent sale last year.

Australian Wool Innovation Limited

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