Aust. wool up again
I (N.Z.P.A.-Reuter —Copyright) SYDNEY. Jan. 10. Heavy bidding, mainly from Japan and the E.E.C. at I the Sydney and Adelaide 'wool sales today has sent prices beyond the 20 year record established on Tuesday.; : All of the 51.670 bales I 'offered at Sydney, Adelaide; land Portland were sold to the| 'trade at prices two to three! per cent higher than on Tues-1 day. ■ In the two days since the second half of the 1972-73; selling season began, prices have risen about 28 per! ‘cent above the last Decern-' ! her sales, before the Christ-; I mas recess. | Because of Australia’s 7.05 per cent revaluation, overi seas buyers actually are nav- ; ing up to 35 per cent more i for wool than in December.
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Press, Volume CXIII, Issue 33121, 11 January 1973, Page 10
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126Aust. wool up again Press, Volume CXIII, Issue 33121, 11 January 1973, Page 10
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