Wool market makes a return to upward trend with medium wools the target

Kristen Frost
By Kristen Frost
Updated October 16 2018 - 1:14am, first published 1:13am
FINE CUTS: The increased trend of finer wool flowing through into the market will continue in the short term, but no great increase in premiums is predicted due to the poorer quality offered.

After a declining trend for the past month, buyer competition for Merino wool returned last week due to exporters scrambling to cover off inventory and the US Dollar (USD) level creating confidence. 

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Kristen Frost

Kristen Frost

National Sheep and Wool Writer