Marty Moses
WOOL prices dropped by 16c/kg at Australian auction sales with the eastern market indicator closing at 2011c.
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In what was the smallest offering of the season (26,942 bales) the market struggled to maintain the accrued rises.
Moses and Son principal Marty Moses said Merino fleece from 17-20 μ recorded losses ranging from 2c to 55c, while the 21 and 22 MPG’s in the northern region posted 15c rises in conflict with the finer fleece market.