A predicted flood of wool in the new financial year set to see market ramifications

Kristen Frost
June 10 2020 - 12:00pm
The national offering of wool hit a 25 year low last week and it is estimated over 200,000 bales of wool are currently being stockpiled at warehouses. Inset photo AWEX.
The national offering of wool hit a 25 year low last week and it is estimated over 200,000 bales of wool are currently being stockpiled at warehouses. Inset photo AWEX.

A predicted flood of wool entering the market in the new financial year could tip the already volatile commodity over the edge according to industry experts.

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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