9:25 am today
Prices ranged between $6.47 to $6.80 a kilogram for crossbred fleeces.
Confidence in the wool sector is rebounding as prices hit levels not seen in more than 15 years.
Prices at the latest PGG Wrightson wool auction ranged between $6.47 to $6.80 a kilogram for crossbred fleeces, with some of those best presented and showing good colour breaking through $7 for what the auction manager described as the "first time in almost a generation".
At the most recent wool sale, auction manager Dave Burridge said the market continued to post "significant gains", with strong demand competing for available volumes.
