Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the Pool Entry Value (PEV) calculated?

April 26, 2017calculated pev pool value

0

Posted

How is the Pool Entry Value (PEV) calculated?

1 Answer

0

Posted

On a weekly basis a mainland pricing grid is created which reflects the auction sales of the week. Broker reviews this grid and the resultant prices for your lots to ensure they are fair and accurate. From this price the 80% Delivery Payment is calculated. Your wool representative can explain in more detail about the timing of the Delivery Payment and the finalisation payment.