The seventh sale of the season, held on 16 October, saw a much quieter tone with selective bidding particularly for the fine and medium types. This resulted in just over 56% of the offering being sold. As a consequence the majority of prices eased back from the levels of the previous sale.
The British Wool index was down 3.4% sale on sale at £1.564 clean. The total weight offered was 1.559m kg, with the total weight sold 0.879m kg, resulting in a clearance of 56.4%. The average clean price was 152.2p, and the average greasy price 99.4p.
The average prices for key wool types were as follows: Fine: up to 2.5% cheaper. Medium: Ewes No1 and Light greys fully firm, discoloured up to 5% cheaper. Mule: 3% cheaper. Cheviot: Firm to 2% cheaper. Radnor: 2% cheaper except light greys which were fully firm. Welsh: Up to 4% cheaper. Swaledale: Up to 4% cheaper. Blackface: Cast and Cotts firm, other grades 2% cheaper.
Source: British Wool
