https://www.gschneider.com/wp-content/uploads/2018/07/1.jpg 800 800 Tim Marwedel https://www.gschneider.com/wp-content/uploads/2022/05/New-logo-2022_b.png Tim Marwedel2020-08-04 08:01:412020-08-04 08:01:41EASTERN AUSTRALIAN MARKET REPORT
EASTERN AUSTRALIAN MARKET REPORT
The market has opened on a very disappointing tone. All descriptions cheaper.
About 30% passed in overall but nearly 50% of the Melbourne Merino fleece wool failed to meet the grower reserve. Crossbred types only 2% easier.
Some fairly significant changes in price. Most types and descriptions 6 to 8 % cheaper when compared to the close.
Shortest and finest least affected.
Generally 5 to 6% cheaper with better and fine types least affected.
Generally less affected than normal top types. Nominally 4 to 5% easier with the cheaper more inferior types less affected.