After reaching its highest point since June 2019 last week, the Australian wool market failed to maintain momentum, recording losses this series.
There were 42,278 bales offered, 3,198 fewer than the previous sale.
From the opening lots on day one, the market declined, with losses continuing throughout.
As Sydney and Fremantle avoided last week’s steep Melbourne only falls, they recorded the largest drops this time.
Merino fleece Micron Price Guides (MPGs) fell by 16 68 cents, with skirtings and crossbreds following a similar trend, while oddments saw a . . .
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