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U.S. Wool At Stalled,
Aussie Sharply Higher

WASHINGTON —(USDA)— Domestic wool trading was at a complete standstill last week, demand and seller interest both light. Bidding levels continue to decline with producers and warehouses unwilling to accept bids.

Australia's eastern market indicator closed up six cents at 554A cents per kilo clean. Clearance was 76 percent on a total offering of 88,072 bales. Grease 21 micron contracts for October were up 19 at 551A, December up 17 at 569, February up 20 at 586 and April up 20 at 604. Clean wool contracts for 19 micron for October were up 15 at 978A, December up 38 at 987, February up 34 at 997 and April up 13 at 980. The 23 micron contracts for October were up six at 408A, December up 15 at 415, February up six at 417 and

April up six at 466.

No New Zealand sales were reported.

South African mohair sales resume September 17.




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