Australian wool prices marginally down last week

Buyers for China were very strong this week, followed by good support from buyers for India, Europe and Korea.

Sales will be held in Sydney, Melbourne and Fremantle next week, when 42,986 bales are currently roistered for sale.  Present estimates for the following two sales (Weeks 32 and 33) are 48,550 and 54,100 bales, respectively; an increase of 14.0% over the three sale period when compared with last year.

Australian Wool Industries Secretariat Inc