Withdrawals, high pass in rate results in scramble for wool

By Bruce McLeish, Elders Wool Manager
Updated April 19 2021 - 8:10am, first published 7:54am
Withdrawals, a high pass in rate results in scramble for Australian wool.
Withdrawals, a high pass in rate results in scramble for Australian wool.

A FAMILIAR pattern continued at the Australian wool auctions last week, with a large initial offering, a decrease in price leading to large withdrawals and more wools passed in, before a scramble for quantity kicked prices up on the last day.

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