For the second consecutive selling series this week, the Australian wool market has recorded an overall fall, reaching four year lows.
From the opening lot of the first day of selling, it was immediately apparent that the market was on the decline.
Buyer activity was best described as cautious, with prices deteriorating as the sale progressed.
By the end of the first day, the individual Micron Price Guides (MPGs) for merino fleece had fallen between 4 and 44 cents, with only the 17 micron MPG in the North going against the trend, to . . .
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