Bargains in the bin may bring buyers out

By Bruce McLeish, Elders
September 7 2020 - 4:00am
Wool is being held on-farm and in broker's stores as growers balk at the flat market - but processors could soon be enticed by low ratios of wool prices to those of competitive fibres.

As anticipated, the wool market struggled again last week and prices dropped by 37 cents a kilogram - or 5.5 per cent - in US Dollar terms.

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