With the weaker buyer sentiment from last week carrying forward, the Australian wool market has dipped for the second sale running as the AWEX Eastern Market Indicator dropped 41 cents to close at 1,317c/kg.
From the opening lot, it was evident that the market was in sharp decline.
In the Eastern centres, individual Micron Price Guides (MPGs) had fallen up to 99 cents by the end of the first day.
When news of these losses reached the West, many sellers opted out of the market, pushing the overall withdrawn percentage to . . .
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