Prices for wool slips by 8c/kg

WOOL prices closed for the week at 8c/kg down with the eastern market indicator settling on 2008c/kg.

Marty Moses

Marty Moses

Moses and Son principal, Marty Moses said the 45,130 went on offer presenting increasing quantities of inferior wool to the trade and slight erosion of price on the MPG’s the best style and measured types.

This resulted in 8.8 per cent of the offering being passed in. The fine and superfine were least affected and non mulesed lots were chased aggressively by a range of buyers.