Eastern Australian Market Report
Published August 15, 2018 by Tim Marwedel
An historically significant upward market correction best described as extreme.
- CommentGlobal currency movements have impacted local wool prices to a major degree. Italian interests dominating best fine fleece and pieces.
- FleeceSydney a full 5% dearer across the board.
Melbourne 4% dearer on average with better specification up to 5%.
- Skirtings5% dearer with best light fault 17.5 micron and finer the most affected. Dominated by Italian interests.
- Open Top5% dearer.