Marty Moses
ABOUT 10 per cent of the bales on offer at auction were passed in with the Australian Wool Exchange market indicator falling by 27c.
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The EMI settled at 2067c for the week. “The week opened immediately on a weaker trend and deteriorated slowly as the Australian dollar increased around on per cent in value,” said Moses and Son principal, Marty Moses.
Merino fleece generally fell 10c to 30c in Sydney and 5c to 50c in Melbourne with no real price synergies.