Rebound: Wool delivers major recovery

By Bruce McLeish, Elders Northern Wool Manager
Updated April 18 2017 - 5:58pm, first published April 14 2017 - 10:59am
SYDNEY SALES: The wool market bounced back this week with the eastern market indiactor gaining 53c to close on 1512c.
SYDNEY SALES: The wool market bounced back this week with the eastern market indiactor gaining 53c to close on 1512c.

A WEEK before the Easter recess and the market performance was almost biblical in its recovery. A lower Australian dollar certainly helped the cause, but from the initial lots being offered on Tuesday it was clear that the correction was well and truly over. 

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