Wool report with Marty Moses

Marty Moses

Marty Moses

WOOL prices dropped by 41c at auction sales this week with the Australian Wool Exchange Eastern Market Indicator closing on 1823c

According to Moses and Son principal, Marty Moses the offering of 28,140 bales was met with more buyer apprehension, as trading condition slowly worsened in our major markets.

As a result of the price fall pass-in rates were high. Vendors passed in 40.2 per cent of the offering at Fremantle.