Wool market suffers severe losses as global demand continues to diminish

Kristen Frost
Updated August 6 2020 - 12:54pm, first published 11:30am
As the wool market declines dramatically, pass-in rates increase with sellers opting not to meet the market. Photo Ally Jaffrey.
As the wool market declines dramatically, pass-in rates increase with sellers opting not to meet the market. Photo Ally Jaffrey.

The Australian wool market made a dramatic return this week when auctions opened up on Tuesday, but not in the way those in the industry had hoped.

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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