The Australian wool market has started the new season in a positive fashion, recording an overall increase for the second consecutive series to open the 2025/26.
With 29,275 bales available to the trade, currency again played its role, this time in favour of the Australian wool producer.
The Australian dollar dropped 0.61 cents when compared to the US dollar (USD) since the close of the previous series and given that most trading is done in US dollars (USD), this gave exporters more buying power.
This quickly equated to increased prices . . .
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