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Wednesday, June 04, 2014

Coarse wools buck the downtrend in May – monthly percentiles

By Augusto Semmelroth  |  Source: AWEX

After a solid price recovery seen in May, the wool market trended down in May to see most medium and fine wools down 25-50¢ month-on-month. Crossbred wools bucked the trend, gaining a further 10-15¢ in May to see the 30MPG indicator reaching its 98th percentile on the east coast. Merino cardings were relatively flat during the month, but remain above the 90th percentile in all centres.

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