Marty Moses
PRICES increased by 9c/kg at Australian wool auctions.
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The Australian Wool Exachange Eastern Market Indicator closed at 1279c/kg for the week.
Moses and Son principal, Marty Moses said the Merino fleece categories gained ground of up to 20c/kg and skirtings followed the same trend. “Next week we return to a two centre 24,160 bale offering, the lowest in 12 months,” Mr Moses said. He said low production figures and solid demand was driving prices in vendor’s favour.