WOOL prices closed 13c/kg down on the previous week with the eastern market indicator settling at 1981c.
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Marty Moses
Moses and Son principal, Marty Moses said the softer market seemed to find a level that traders and exporters were comfortable to purchase by midway through the Wednesday sale. “From the 40,544 bales offered, 91.5 per cent was sold which was heavily influenced by the West Australians passing in or withdrawing almost 30 per cent of their offering on Wednesday.”