Wool prices are at five-year low and global virus fears are making for a murky outlook

By Matt Cotton, Auctionsplus
Updated June 30 2020 - 7:31pm, first published 2:00pm
Many in the wool industry are uneasy about the price outlook, with fears that a second wave of the COVID-19 virus could negatively impact on consumer spending.
Many in the wool industry are uneasy about the price outlook, with fears that a second wave of the COVID-19 virus could negatively impact on consumer spending.

The wool market fell to its lowest level since 2015 at auction sales last week.

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