News
Markets
Australia: Wool market soars
wool sales in Sydney, Melbourne and Fremantle saw the biggest one day lift in price indicators in 8 years.
Egytex News Desk
Source: www.yarnsandfibers.com
Andrew Johnston from WA's Wool Agency says the Fremantle market went ballistic with fleece wools up to 200 cents per kilogram higher.
"Now these quotes are and this is where it shows it's ballistic. Hold on to your hats. 18 micron 1775, that was plus 200 cents for the day. 19 micron 1470 that was plus 195. 20 micron 1140 that was plus 110.
"21 micron 1080 that was plus 90 and 22 micron 1025, well that was only plus 85."
Source: www.yarnsandfibers.com
From the Egytex news archive, first published on 16 January 2011. Figures and names are as reported at the time.
