Wool not expected to rally in the short term

By Tom Rookyard
Updated December 3 2019 - 9:30pm, first published 1:00pm
This week sees an estimated 41,000 bales on offer nationally, with 39,000 and 37,000 in the following two weeks.
This week sees an estimated 41,000 bales on offer nationally, with 39,000 and 37,000 in the following two weeks.

Last week the wool market took another backwards step. This was not unexpected, as reports of little business being conducted with overseas mills and/or at prices lower than that of current levels.

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