COVID-19 causes carnage at Aussie wool auctions

By Bruce McLeish, Elders Northern Zone Wool Manager
Updated April 7 2020 - 9:59am, first published April 6 2020 - 3:10pm
The signals coming back up the pipeline for those that want to listen are clear that Chinese exports have stopped.
The signals coming back up the pipeline for those that want to listen are clear that Chinese exports have stopped.

Opinion

We saw a big slap in the face for the wool market last week as the impacts of COVID-19 continue to reverberate around the globe.

Most pundits thought the market was initially going to be OK, then as the bad news piled up from the US and Europe people were asking the question if we, as an industry should still be operating.

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